Saturday, January 18, 2025

Tag: consumer

Japan’s Household Savings Rate Hits 1.5% in 2023, Marking Three Years of Decline

Japan's household savings rate fell to 1.5% in 2023, driven by inflation and increased consumer spending, marking a three-year decline.

Economists Warn Inflation Will Persist in 2025, Blaming High Tariffs and Service Sector Costs

Inflation concerns persist as the Trump administration may raise tariffs, impacting U.S. prices and economic stability in 2024.

Fake Royalty? Chinese Influencers Claim to Be Middle Eastern Royals to Sell Products, Get Busted

Influencers in China impersonated Middle Eastern royals to sell low-quality goods, leading to account suspensions amid public skepticism.

Inflation Woes: November CPI Sees Slight Uptick, Leaving Consumers on Edge

U.S. CPI rose 2.7% year-over-year in November, signaling inflation challenges for the Federal Reserve amid resilient consumer spending.

Goldman Sachs Warns: Trump’s Tariffs Could Spike Inflation by 1%

Goldman Sachs warns that Trump's tariff policies could raise U.S. inflation by 1%, impacting consumer prices significantly.

Air Fryer Apps Spying on You? Shocking Data Breach Revealed

Chinese air fryer apps reportedly collect user conversations and share data online, raising privacy concerns.

Strong Consumer Spending Fuels U.S. GDP Growth Despite Predictions

On Wednesday, the U.S. Department of Commerce announced that the preliminary GDP growth rate for the third quarter of 2023 was 2.8%.