Spending stalls as US consumers feel more pressure
Anxious households become more reluctant to spend Real consumer spending fell 0.3% month-on-month in May versus expectations of a 0.1%…
China’s new consumption patterns drive domestic demand upgrade
Pet owners are splurging on smart litter boxes, blind boxes are flying off shelves overseas after going viral in China,…
World economy faces ‘pivotal moment’, central bank body BIS says
Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, central bank umbrella body the…