consumer News Updates

Retailers are benefiting from greater consumer resiliency than might have been expected, but the chains creating the most consistent demand are discount stores.

The Tennessee-based carrier's current customer base is led by three verticals: industrial (30%), transportation and logistics (15%) and consumer goods (14%).

The spike in oil and gas prices presents already-divided Federal Reserve officials with a worst-case scenario as they conclude a key meeting March 18.

Thousands of companies are angling for refunds on President Donald Trump’s tariffs, many of which were ruled unconstitutional Feb. 20. Now some retail customers are joining the scrum.

The rise in confidence comes as recent data has indicated the labor market is showing some signs of stabilization and inflation has been relatively tame.

Austan Goolsbee, in prepared remarks for a speech Feb. 24, said he wants to see evidence that inflation is cooling to the Fed’s 2% target before supporting further interest-rate cuts.

Fed officials are widely expected to cut their benchmark interest rate for a third straight time Dec. 10, in a bid to safeguard against worsening labor market conditions.

Uber Freight has observed that the last-mile parcel delivery market is undergoing a major transformation driven by the rapid growth of e-commerce and rising consumer expectations.

President Donald Trump's return to the White House in January kicked off a roller coaster year for manufacturers, retailers and other U.S. industries dependent on goods from abroad.

“Starting now, accuracy is getting worse,” Omair Sharif, president of Inflation Insights, said in an Oct. 9 interview, just over a week into the shutdown.