Topic: #consumer-spending

Big Box Retailers Report Second-Quarter Earnings: Walmart, Target Expected to Show Growth

This week, several big box retailers are set to share their second-quarter earnings, with analysts predicting a 13% increase in earnings per share and 4% growth in revenue for Target on Wednesday. Walmart's expected earn

1d agoretail-earningsbig-box-retailers

Bank of America Reports Convergence in U.S. Consumer Spending, but K-Shaped Economy Persists

Bank of America's latest consumer data shows a 'great convergence' in household spending across lower-, middle-, and higher-income households, with discretionary spending growing at nearly the same rate for all groups. H

2d agous-economyconsumer-spending