Related Articles: Consumer spending plunges as Americans hoard ...

Consumer spending plunges as Americans hoard cash amid coronavirus

Consumer spending plunges as Americans hoard cash amid coronavirus

US consumer spending took a record nosedive last month as Americans hoarded cash during the coronavirus pandemic, new data show. Personal consumption spending [...] Read full article: Consumer spending plunges as Americans h...→

Consumer spending plunges as Americans hoard cash amid coronavirus

Consumer spending plunges as Americans hoard cash amid coronavirus

US consumer spending took a record nosedive last month as Americans hoarded cash during the coronavirus pandemic, new data show. Personal consumption spending [...] Read full article: Consumer spending plunges as Americans h...→

CARES Act Helped Needy Americans Amid Pandemic

CARES Act Helped Needy Americans Amid Pandemic

Congress' CARES Act has capped a rise in poverty despite the coronavirus pandemic, and the legislation has resulted in a rise in income among needy Americans i [...] Read full article: CARES Act Helped Needy Americans Amid Pa...→

Biden's stimulus oversight questioned amid his attacks on Trump coronavirus spending

Biden's stimulus oversight questioned amid his attacks on Trump coronavirus spending

Joe Biden is stepping up his attacks on the Trump administration's handling of coronavirus stimulus funds -- and as a result, the former vice president, whom B [...] Read full article: Biden's stimulus oversight questioned am...→

$454 Million: Corporate America Floods Social Justice Causes with Cash amid Floyd Protests

$454 Million: Corporate America Floods Social Justice Causes with Cash amid Floyd Protests

Hundreds of millions in corporate cash has flooded into the coffers of social justice organizations in the wake of the George Floyd protests. Read full article: $454 Million: Corporate America Floods S...→

Consumer Prices Fall for 3rd Month Amid Virus Recession

Consumer Prices Fall for 3rd Month Amid Virus Recession

U.S. consumer prices fell for a third straight month in May as demand remained subdued amid a recession caused by the COVID-19 pandemic. Read full article: Consumer Prices Fall for 3rd Month Amid ...→

Americans are hoarding their cash — here are the best places to put it

Americans are hoarding their cash — here are the best places to put it

Fears of job losses have millions building up their emergency funds. Here are the best places to stash that cash. Read full article: Americans are hoarding their cash — here...→

Poll: Americans worry COVID outbreak will worsen amid reopening | WTOP

As areas around the country reopen, most fear the coronavirus pandemic will now get worse as a result of reopening, and most continue to say the effort against [...] Read full article: Poll: Americans worry COVID outbreak wil...→

US Savings Rate Hits Record 33% as Coronavirus Causes Americans to Stockpile Cash, Curb Spending

US Savings Rate Hits Record 33% as Coronavirus Causes Americans to Stockpile Cash, Curb Spending

The coronavirus crisis has Americans hoarding more money than ever before as widespread fear paralyzes consumer spending habits. The swiftness and severity of [...] Read full article: US Savings Rate Hits Record 33% as Coron...→

Americans and Europeans Soak Up the Sun Amid New Rules

Americans and Europeans Soak Up the Sun Amid New Rules

Europeans and Americans soaked up the sun where they could Sunday, taking advantage of the first holiday weekend since coronavirus restrictions were eased, whi [...] Read full article: Americans and Europeans Soak Up the Sun ...→

Report: 2,000 Cases Of Hate And Discrimination Against Asian Americans Amid Pandemic

Report: 2,000 Cases Of Hate And Discrimination Against Asian Americans Amid Pandemic

Since the pandemic began, 19-year-old Elizer StaJuana says he was assaulted twice waiting for public transportation in Melbourne, Australia. Read full article: Report: 2,000 Cases Of Hate And Discrimi...→

Poll: Climate Change on Americans' Minds Amid Pandemic

Poll: Climate Change on Americans' Minds Amid Pandemic

Americans are still concerned about climate change even during the coronavirus pandemic, according to a new survey. Read full article: Poll: Climate Change on Americans' Minds...→

Gallup Poll: Americans Less Charitable Amid Pandemic

Gallup Poll: Americans Less Charitable Amid Pandemic

Americans hit an all-time low of donating money to charitable organizations, according to a new poll. Read full article: Gallup Poll: Americans Less Charitable A...→

Matthew McConaughey releases new PSA to bring Americans together amid coronavirus pandemic

Matthew McConaughey releases new PSA to bring Americans together amid coronavirus pandemic

"The country needed a motivational reminder that America is much stronger together rather than divided by partisan politics," McConaughey said. Read full article: Matthew McConaughey releases new PSA to ...→

New coronavirus relief bill proposed by Democrats could mean more cash for Americans

New coronavirus relief bill proposed by Democrats could mean more cash for Americans

Even if House Democrats choose to move ahead with legislation next week, additional relief is not expected to be approved by the full Congress and President Do [...] Read full article: New coronavirus relief bill proposed by ...→

Trump says he views Americans as 'warriors' amid coronavirus

Trump says he views Americans as 'warriors' amid coronavirus

President Trump said he views Americans as “warriors” in the fight against coronavirus, as he made the argument for reopening economies across the country soon [...] Read full article: Trump says he views Americans as 'warrio...→

Summer won’t be much fun for kids in cash-starved NYC amid coronavirus

Summer won’t be much fun for kids in cash-starved NYC amid coronavirus

For NYC kids, this summer will be a bummer. With the last day of school next Friday, the city has ended outdoor, recreational, and job programs for youths of a [...] Read full article: Summer won’t be much fun for kids in cas...→

Mexico industrial activity plunges in April amid pandemic

Mexico industrial activity plunges in April amid pandemic

Mexico's industrial activity plunged by nearly 30% in April compared to a year earlier as the economy ground to a halt under measures aimed at slowing the spre [...] Read full article: Mexico industrial activity plunges in Ap...→

A quarter of Americans are facing food insecurity amid coronavirus pandemic, survey suggests

A quarter of Americans are facing food insecurity amid coronavirus pandemic, survey suggests

Twenty-six percent of Americans said they or someone in their household had skipped meals, relied on food banks, or signed up for government assistance. Read full article: A quarter of Americans are facing food i...→

Majority of Americans not ready to visit restaurants, stores amid ongoing pandemic—poll

Majority of Americans not ready to visit restaurants, stores amid ongoing pandemic—poll

Almost six in ten U.S. adults are wary of visiting public establishments as the coronavirus continues to spread across the country. Read full article: Majority of Americans not ready to visit...→

Consumer spending plunged a record 13.6% in April as virus paralyzed economy

Consumer spending plunged a record 13.6% in April as virus paralyzed economy

Record-busting drop in consumer spending last month in the U.S. is equivalent to the yearly economic output of Russia. Read full article: Consumer spending plunged a record 13.6%...→

Consumer Spending Plunges Record 13.6% as Job Cuts from Virus Paralyzed Economy

U.S. consumer spending dropped by a record in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the s [...] Read full article: Consumer Spending Plunges Record 13.6...→

Americans mob beaches for Memorial Day Weekend amid lockdown fatigue

Americans mob beaches for Memorial Day Weekend amid lockdown fatigue

Americans eager to spend a day outdoors are flocking to beaches for Memorial Day Weekend after enduring lengthy coronavirus lockdowns. Beach-goers showed up in [...] Read full article: Americans mob beaches for Memorial Day W...→

Cash flow tight amid the COVID-19 pandemic? Here's how some are saving money

Cash flow tight amid the COVID-19 pandemic? Here's how some are saving money

Families are feeling the economic impact of the coronavirus pandemic, and the unexpected issues in making ends meet. Read full article: Cash flow tight amid the COVID-19 pandem...→

Americans Getting 16.4 Hours More Sleep Amid Stay-At-Home Order

Americans Getting 16.4 Hours More Sleep Amid Stay-At-Home Order

In the same study, see which cities are ranked the best and worst for sleep using a variety of different factors. Read full article: Americans Getting 16.4 Hours More Sleep ...→

Consumer watchdog on the job as Americans reel from coronavirus crisis

Consumer watchdog on the job as Americans reel from coronavirus crisis

Banks are offering plenty of leeway on paying bills during coronavirus, but consumers who have cash should still pay off everything they can because they’ll sa [...] Read full article: Consumer watchdog on the job as American...→

‘Asian Americans’ PBS documentry explores prejudice and perseverance amid coronavirus

‘Asian Americans’ PBS documentry explores prejudice and perseverance amid coronavirus

Hundreds of Asian Americans have reported verbal and physical assaults since the nation’s first coronavirus infections surfaced in January. Read full article: ‘Asian Americans’ PBS documentry explore...→

Bridges Connecting Pa., NJ to Collect Cash Again Amid Coronavirus Pandemic

Bridges Connecting Pa., NJ to Collect Cash Again Amid Coronavirus Pandemic

Drivers making the trip over the Delaware River between New Jersey and Pennsylvania will soon be able to use cash again on four bridges. Read full article: Bridges Connecting Pa., NJ to Collect Ca...→

Some Asian-Americans Seek to Protect Selves Amid Coronavirus Fears

Some gun shop owners have reported an increase in sales in recent weeks. Gordon Tokumatsu reports for the NBC4 News at 4 p.m. on Tuesday, March 10, 2020.... A [...] Read full article: Some Asian-Americans Seek to Protect Sel...→

Rich Americans slashed spending amid coronavirus, hurting poor workers

Rich Americans slashed spending amid coronavirus, hurting poor workers

Rich Americans have drastically slashed their personal spending during the coronavirus crisis — and poor workers have suffered as a result, researchers say. Th [...] Read full article: Rich Americans slashed spending amid cor...→

Crain's Daily Gist podcast: Here’s why consumer spending is on the rebound

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Want to listen on your smart speaker? Click here to learn how. Credit card spend [...] Read full article: Crain's Daily Gist podcast: Here’s why c...→

Consumer Credit Plunges $68.78 Billion as Card Use Tumbles by Record Amount

Consumer Credit Plunges $68.78 Billion as Card Use Tumbles by Record Amount

U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit. Read full article: Consumer Credit Plunges $68.78 Billion a...→

Lingering High Unemployment Will Cripple Consumer Spending

Lingering High Unemployment Will Cripple Consumer Spending

The share of payroll reductions rose from 47.7% in April to 58.1% in May. That is not good news for the future, as large companies will likely be slow in rehir [...] Read full article: Lingering High Unemployment Will Cripple...→

Americans Saving Money During Quarantine are Spending It on Candy, Delivery and TV

Americans Saving Money During Quarantine are Spending It on Candy, Delivery and TV

Avoiding vacations and big purchases alone have save an average American $7,000 during the coronavirus lockdown. Read full article: Americans Saving Money During Quarantine...→

Consumer Spending Is Already Rebounding in These States

Consumer Spending Is Already Rebounding in These States

The coronavirus pandemic has caused consumer spending, the economy’s key driver, to plummet across the country as Americans struggle through a recession. But s [...] Read full article: Consumer Spending Is Already Rebounding ...→

More Americans back giving undocumented immigrants medical care than economic aid amid coronavirus: Poll

More Americans back giving undocumented immigrants medical care than economic aid amid coronavirus: Poll

More than two-thirds of Americans say the federal government has a responsibility to provide medical care to undocumented immigrants infected with coronavirus. Read full article: More Americans back giving undocumented ...→

Consumer Sentiment Unexpectedly Rises Amid Relief Payments

Consumer Sentiment Unexpectedly Rises Amid Relief Payments

U.S. consumer sentiment posted a surprise increase in early May amid widespread virus-relief payments and discounts for big-ticket items, though pessimism deep [...] Read full article: Consumer Sentiment Unexpectedly Rises Am...→

Hertz reports ‘going concern’ doubts amid swifter cash burn

The car-rental giant, which has been working with its lenders to stay out of bankruptcy, said it may not have enough cash on hand to pay lenders amid dim prosp [...] Read full article: Hertz reports ‘going concern’ doubts ami...→

UBS Wealth: Americans Wrong to Pile Up Cash; Go for Credit

UBS Wealth: Americans Wrong to Pile Up Cash; Go for Credit

Americans have been piling into cash amid uncertainty around the impact of the coronavirus, according to UBS Global Wealth Management, which says that strategy [...] Read full article: UBS Wealth: Americans Wrong to Pile Up C...→

CARES Act Helped Needy Americans Amid Pandemic

CARES Act Helped Needy Americans Amid Pandemic

Congress' CARES Act has capped a rise in poverty despite the coronavirus pandemic, and the legislation has resulted in a rise in income among needy Americans i [...] Read full article: CARES Act Helped Needy Americans Amid Pa...→

Some Asian-Americans Seek to Protect Selves Amid Coronavirus Fears

Some gun shop owners have reported an increase in sales in recent weeks. Gordon Tokumatsu reports for the NBC4 News at 4 p.m. on Tuesday, March 10, 2020.... A [...] Read full article: Some Asian-Americans Seek to Protect Sel...→

$454 Million: Corporate America Floods Social Justice Causes with Cash amid Floyd Protests

$454 Million: Corporate America Floods Social Justice Causes with Cash amid Floyd Protests

Hundreds of millions in corporate cash has flooded into the coffers of social justice organizations in the wake of the George Floyd protests. Read full article: $454 Million: Corporate America Floods S...→

Crain's Daily Gist podcast: Here’s why consumer spending is on the rebound

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Want to listen on your smart speaker? Click here to learn how. Credit card spend [...] Read full article: Crain's Daily Gist podcast: Here’s why c...→

Americans are hoarding their cash — here are the best places to put it

Americans are hoarding their cash — here are the best places to put it

Fears of job losses have millions building up their emergency funds. Here are the best places to stash that cash. Read full article: Americans are hoarding their cash — here...→

Lingering High Unemployment Will Cripple Consumer Spending

Lingering High Unemployment Will Cripple Consumer Spending

The share of payroll reductions rose from 47.7% in April to 58.1% in May. That is not good news for the future, as large companies will likely be slow in rehir [...] Read full article: Lingering High Unemployment Will Cripple...→

Majority of Americans not ready to visit restaurants, stores amid ongoing pandemic—poll

Majority of Americans not ready to visit restaurants, stores amid ongoing pandemic—poll

Almost six in ten U.S. adults are wary of visiting public establishments as the coronavirus continues to spread across the country. Read full article: Majority of Americans not ready to visit...→

Consumer Spending Plunges Record 13.6% as Job Cuts from Virus Paralyzed Economy

U.S. consumer spending dropped by a record in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the s [...] Read full article: Consumer Spending Plunges Record 13.6...→

Americans and Europeans Soak Up the Sun Amid New Rules

Americans and Europeans Soak Up the Sun Amid New Rules

Europeans and Americans soaked up the sun where they could Sunday, taking advantage of the first holiday weekend since coronavirus restrictions were eased, whi [...] Read full article: Americans and Europeans Soak Up the Sun ...→

Cash flow tight amid the COVID-19 pandemic? Here's how some are saving money

Cash flow tight amid the COVID-19 pandemic? Here's how some are saving money

Families are feeling the economic impact of the coronavirus pandemic, and the unexpected issues in making ends meet. Read full article: Cash flow tight amid the COVID-19 pandem...→

Poll: Climate Change on Americans' Minds Amid Pandemic

Poll: Climate Change on Americans' Minds Amid Pandemic

Americans are still concerned about climate change even during the coronavirus pandemic, according to a new survey. Read full article: Poll: Climate Change on Americans' Minds...→

Consumer Sentiment Unexpectedly Rises Amid Relief Payments

Consumer Sentiment Unexpectedly Rises Amid Relief Payments

U.S. consumer sentiment posted a surprise increase in early May amid widespread virus-relief payments and discounts for big-ticket items, though pessimism deep [...] Read full article: Consumer Sentiment Unexpectedly Rises Am...→

Consumer watchdog on the job as Americans reel from coronavirus crisis

Consumer watchdog on the job as Americans reel from coronavirus crisis

Banks are offering plenty of leeway on paying bills during coronavirus, but consumers who have cash should still pay off everything they can because they’ll sa [...] Read full article: Consumer watchdog on the job as American...→

Matthew McConaughey releases new PSA to bring Americans together amid coronavirus pandemic

Matthew McConaughey releases new PSA to bring Americans together amid coronavirus pandemic

"The country needed a motivational reminder that America is much stronger together rather than divided by partisan politics," McConaughey said. Read full article: Matthew McConaughey releases new PSA to ...→

Bridges Connecting Pa., NJ to Collect Cash Again Amid Coronavirus Pandemic

Bridges Connecting Pa., NJ to Collect Cash Again Amid Coronavirus Pandemic

Drivers making the trip over the Delaware River between New Jersey and Pennsylvania will soon be able to use cash again on four bridges. Read full article: Bridges Connecting Pa., NJ to Collect Ca...→

Trump says he views Americans as 'warriors' amid coronavirus

Trump says he views Americans as 'warriors' amid coronavirus

President Trump said he views Americans as “warriors” in the fight against coronavirus, as he made the argument for reopening economies across the country soon [...] Read full article: Trump says he views Americans as 'warrio...→

Summer won’t be much fun for kids in cash-starved NYC amid coronavirus

Summer won’t be much fun for kids in cash-starved NYC amid coronavirus

For NYC kids, this summer will be a bummer. With the last day of school next Friday, the city has ended outdoor, recreational, and job programs for youths of a [...] Read full article: Summer won’t be much fun for kids in cas...→

Biden's stimulus oversight questioned amid his attacks on Trump coronavirus spending

Biden's stimulus oversight questioned amid his attacks on Trump coronavirus spending

Joe Biden is stepping up his attacks on the Trump administration's handling of coronavirus stimulus funds -- and as a result, the former vice president, whom B [...] Read full article: Biden's stimulus oversight questioned am...→

Rich Americans slashed spending amid coronavirus, hurting poor workers

Rich Americans slashed spending amid coronavirus, hurting poor workers

Rich Americans have drastically slashed their personal spending during the coronavirus crisis — and poor workers have suffered as a result, researchers say. Th [...] Read full article: Rich Americans slashed spending amid cor...→

Mexico industrial activity plunges in April amid pandemic

Mexico industrial activity plunges in April amid pandemic

Mexico's industrial activity plunged by nearly 30% in April compared to a year earlier as the economy ground to a halt under measures aimed at slowing the spre [...] Read full article: Mexico industrial activity plunges in Ap...→

Consumer Prices Fall for 3rd Month Amid Virus Recession

Consumer Prices Fall for 3rd Month Amid Virus Recession

U.S. consumer prices fell for a third straight month in May as demand remained subdued amid a recession caused by the COVID-19 pandemic. Read full article: Consumer Prices Fall for 3rd Month Amid ...→

Consumer Credit Plunges $68.78 Billion as Card Use Tumbles by Record Amount

Consumer Credit Plunges $68.78 Billion as Card Use Tumbles by Record Amount

U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit. Read full article: Consumer Credit Plunges $68.78 Billion a...→

A quarter of Americans are facing food insecurity amid coronavirus pandemic, survey suggests

A quarter of Americans are facing food insecurity amid coronavirus pandemic, survey suggests

Twenty-six percent of Americans said they or someone in their household had skipped meals, relied on food banks, or signed up for government assistance. Read full article: A quarter of Americans are facing food i...→

Poll: Americans worry COVID outbreak will worsen amid reopening | WTOP

As areas around the country reopen, most fear the coronavirus pandemic will now get worse as a result of reopening, and most continue to say the effort against [...] Read full article: Poll: Americans worry COVID outbreak wil...→

Americans Saving Money During Quarantine are Spending It on Candy, Delivery and TV

Americans Saving Money During Quarantine are Spending It on Candy, Delivery and TV

Avoiding vacations and big purchases alone have save an average American $7,000 during the coronavirus lockdown. Read full article: Americans Saving Money During Quarantine...→

Consumer spending plunged a record 13.6% in April as virus paralyzed economy

Consumer spending plunged a record 13.6% in April as virus paralyzed economy

Record-busting drop in consumer spending last month in the U.S. is equivalent to the yearly economic output of Russia. Read full article: Consumer spending plunged a record 13.6%...→

US Savings Rate Hits Record 33% as Coronavirus Causes Americans to Stockpile Cash, Curb Spending

US Savings Rate Hits Record 33% as Coronavirus Causes Americans to Stockpile Cash, Curb Spending

The coronavirus crisis has Americans hoarding more money than ever before as widespread fear paralyzes consumer spending habits. The swiftness and severity of [...] Read full article: US Savings Rate Hits Record 33% as Coron...→

Consumer Spending Is Already Rebounding in These States

Consumer Spending Is Already Rebounding in These States

The coronavirus pandemic has caused consumer spending, the economy’s key driver, to plummet across the country as Americans struggle through a recession. But s [...] Read full article: Consumer Spending Is Already Rebounding ...→

Americans mob beaches for Memorial Day Weekend amid lockdown fatigue

Americans mob beaches for Memorial Day Weekend amid lockdown fatigue

Americans eager to spend a day outdoors are flocking to beaches for Memorial Day Weekend after enduring lengthy coronavirus lockdowns. Beach-goers showed up in [...] Read full article: Americans mob beaches for Memorial Day W...→

Report: 2,000 Cases Of Hate And Discrimination Against Asian Americans Amid Pandemic

Report: 2,000 Cases Of Hate And Discrimination Against Asian Americans Amid Pandemic

Since the pandemic began, 19-year-old Elizer StaJuana says he was assaulted twice waiting for public transportation in Melbourne, Australia. Read full article: Report: 2,000 Cases Of Hate And Discrimi...→

More Americans back giving undocumented immigrants medical care than economic aid amid coronavirus: Poll

More Americans back giving undocumented immigrants medical care than economic aid amid coronavirus: Poll

More than two-thirds of Americans say the federal government has a responsibility to provide medical care to undocumented immigrants infected with coronavirus. Read full article: More Americans back giving undocumented ...→

Americans Getting 16.4 Hours More Sleep Amid Stay-At-Home Order

Americans Getting 16.4 Hours More Sleep Amid Stay-At-Home Order

In the same study, see which cities are ranked the best and worst for sleep using a variety of different factors. Read full article: Americans Getting 16.4 Hours More Sleep ...→

Gallup Poll: Americans Less Charitable Amid Pandemic

Gallup Poll: Americans Less Charitable Amid Pandemic

Americans hit an all-time low of donating money to charitable organizations, according to a new poll. Read full article: Gallup Poll: Americans Less Charitable A...→

Hertz reports ‘going concern’ doubts amid swifter cash burn

The car-rental giant, which has been working with its lenders to stay out of bankruptcy, said it may not have enough cash on hand to pay lenders amid dim prosp [...] Read full article: Hertz reports ‘going concern’ doubts ami...→

‘Asian Americans’ PBS documentry explores prejudice and perseverance amid coronavirus

‘Asian Americans’ PBS documentry explores prejudice and perseverance amid coronavirus

Hundreds of Asian Americans have reported verbal and physical assaults since the nation’s first coronavirus infections surfaced in January. Read full article: ‘Asian Americans’ PBS documentry explore...→

New coronavirus relief bill proposed by Democrats could mean more cash for Americans

New coronavirus relief bill proposed by Democrats could mean more cash for Americans

Even if House Democrats choose to move ahead with legislation next week, additional relief is not expected to be approved by the full Congress and President Do [...] Read full article: New coronavirus relief bill proposed by ...→

UBS Wealth: Americans Wrong to Pile Up Cash; Go for Credit

UBS Wealth: Americans Wrong to Pile Up Cash; Go for Credit

Americans have been piling into cash amid uncertainty around the impact of the coronavirus, according to UBS Global Wealth Management, which says that strategy [...] Read full article: UBS Wealth: Americans Wrong to Pile Up C...→

CARES Act Helped Needy Americans Amid Pandemic

CARES Act Helped Needy Americans Amid Pandemic

Congress' CARES Act has capped a rise in poverty despite the coronavirus pandemic, and the legislation has resulted in a rise in income among needy Americans i [...] Read full article: CARES Act Helped Needy Americans Amid Pa...→

Summer won’t be much fun for kids in cash-starved NYC amid coronavirus

Summer won’t be much fun for kids in cash-starved NYC amid coronavirus

For NYC kids, this summer will be a bummer. With the last day of school next Friday, the city has ended outdoor, recreational, and job programs for youths of a [...] Read full article: Summer won’t be much fun for kids in cas...→

Some Asian-Americans Seek to Protect Selves Amid Coronavirus Fears

Some gun shop owners have reported an increase in sales in recent weeks. Gordon Tokumatsu reports for the NBC4 News at 4 p.m. on Tuesday, March 10, 2020.... A [...] Read full article: Some Asian-Americans Seek to Protect Sel...→

Biden's stimulus oversight questioned amid his attacks on Trump coronavirus spending

Biden's stimulus oversight questioned amid his attacks on Trump coronavirus spending

Joe Biden is stepping up his attacks on the Trump administration's handling of coronavirus stimulus funds -- and as a result, the former vice president, whom B [...] Read full article: Biden's stimulus oversight questioned am...→

Rich Americans slashed spending amid coronavirus, hurting poor workers

Rich Americans slashed spending amid coronavirus, hurting poor workers

Rich Americans have drastically slashed their personal spending during the coronavirus crisis — and poor workers have suffered as a result, researchers say. Th [...] Read full article: Rich Americans slashed spending amid cor...→

$454 Million: Corporate America Floods Social Justice Causes with Cash amid Floyd Protests

$454 Million: Corporate America Floods Social Justice Causes with Cash amid Floyd Protests

Hundreds of millions in corporate cash has flooded into the coffers of social justice organizations in the wake of the George Floyd protests. Read full article: $454 Million: Corporate America Floods S...→

Mexico industrial activity plunges in April amid pandemic

Mexico industrial activity plunges in April amid pandemic

Mexico's industrial activity plunged by nearly 30% in April compared to a year earlier as the economy ground to a halt under measures aimed at slowing the spre [...] Read full article: Mexico industrial activity plunges in Ap...→

Crain's Daily Gist podcast: Here’s why consumer spending is on the rebound

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Want to listen on your smart speaker? Click here to learn how. Credit card spend [...] Read full article: Crain's Daily Gist podcast: Here’s why c...→

Consumer Prices Fall for 3rd Month Amid Virus Recession

Consumer Prices Fall for 3rd Month Amid Virus Recession

U.S. consumer prices fell for a third straight month in May as demand remained subdued amid a recession caused by the COVID-19 pandemic. Read full article: Consumer Prices Fall for 3rd Month Amid ...→

Consumer Credit Plunges $68.78 Billion as Card Use Tumbles by Record Amount

Consumer Credit Plunges $68.78 Billion as Card Use Tumbles by Record Amount

U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit. Read full article: Consumer Credit Plunges $68.78 Billion a...→

Americans are hoarding their cash — here are the best places to put it

Americans are hoarding their cash — here are the best places to put it

Fears of job losses have millions building up their emergency funds. Here are the best places to stash that cash. Read full article: Americans are hoarding their cash — here...→

A quarter of Americans are facing food insecurity amid coronavirus pandemic, survey suggests

A quarter of Americans are facing food insecurity amid coronavirus pandemic, survey suggests

Twenty-six percent of Americans said they or someone in their household had skipped meals, relied on food banks, or signed up for government assistance. Read full article: A quarter of Americans are facing food i...→

Lingering High Unemployment Will Cripple Consumer Spending

Lingering High Unemployment Will Cripple Consumer Spending

The share of payroll reductions rose from 47.7% in April to 58.1% in May. That is not good news for the future, as large companies will likely be slow in rehir [...] Read full article: Lingering High Unemployment Will Cripple...→

Poll: Americans worry COVID outbreak will worsen amid reopening | WTOP

As areas around the country reopen, most fear the coronavirus pandemic will now get worse as a result of reopening, and most continue to say the effort against [...] Read full article: Poll: Americans worry COVID outbreak wil...→

Majority of Americans not ready to visit restaurants, stores amid ongoing pandemic—poll

Majority of Americans not ready to visit restaurants, stores amid ongoing pandemic—poll

Almost six in ten U.S. adults are wary of visiting public establishments as the coronavirus continues to spread across the country. Read full article: Majority of Americans not ready to visit...→

Americans Saving Money During Quarantine are Spending It on Candy, Delivery and TV

Americans Saving Money During Quarantine are Spending It on Candy, Delivery and TV

Avoiding vacations and big purchases alone have save an average American $7,000 during the coronavirus lockdown. Read full article: Americans Saving Money During Quarantine...→

Consumer spending plunged a record 13.6% in April as virus paralyzed economy

Consumer spending plunged a record 13.6% in April as virus paralyzed economy

Record-busting drop in consumer spending last month in the U.S. is equivalent to the yearly economic output of Russia. Read full article: Consumer spending plunged a record 13.6%...→

US Savings Rate Hits Record 33% as Coronavirus Causes Americans to Stockpile Cash, Curb Spending

US Savings Rate Hits Record 33% as Coronavirus Causes Americans to Stockpile Cash, Curb Spending

The coronavirus crisis has Americans hoarding more money than ever before as widespread fear paralyzes consumer spending habits. The swiftness and severity of [...] Read full article: US Savings Rate Hits Record 33% as Coron...→

Consumer Spending Plunges Record 13.6% as Job Cuts from Virus Paralyzed Economy

U.S. consumer spending dropped by a record in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the s [...] Read full article: Consumer Spending Plunges Record 13.6...→

Consumer Spending Is Already Rebounding in These States

Consumer Spending Is Already Rebounding in These States

The coronavirus pandemic has caused consumer spending, the economy’s key driver, to plummet across the country as Americans struggle through a recession. But s [...] Read full article: Consumer Spending Is Already Rebounding ...→

Americans and Europeans Soak Up the Sun Amid New Rules

Americans and Europeans Soak Up the Sun Amid New Rules

Europeans and Americans soaked up the sun where they could Sunday, taking advantage of the first holiday weekend since coronavirus restrictions were eased, whi [...] Read full article: Americans and Europeans Soak Up the Sun ...→

Americans mob beaches for Memorial Day Weekend amid lockdown fatigue

Americans mob beaches for Memorial Day Weekend amid lockdown fatigue

Americans eager to spend a day outdoors are flocking to beaches for Memorial Day Weekend after enduring lengthy coronavirus lockdowns. Beach-goers showed up in [...] Read full article: Americans mob beaches for Memorial Day W...→

Report: 2,000 Cases Of Hate And Discrimination Against Asian Americans Amid Pandemic

Report: 2,000 Cases Of Hate And Discrimination Against Asian Americans Amid Pandemic

Since the pandemic began, 19-year-old Elizer StaJuana says he was assaulted twice waiting for public transportation in Melbourne, Australia. Read full article: Report: 2,000 Cases Of Hate And Discrimi...→

Cash flow tight amid the COVID-19 pandemic? Here's how some are saving money

Cash flow tight amid the COVID-19 pandemic? Here's how some are saving money

Families are feeling the economic impact of the coronavirus pandemic, and the unexpected issues in making ends meet. Read full article: Cash flow tight amid the COVID-19 pandem...→

More Americans back giving undocumented immigrants medical care than economic aid amid coronavirus: Poll

More Americans back giving undocumented immigrants medical care than economic aid amid coronavirus: Poll

More than two-thirds of Americans say the federal government has a responsibility to provide medical care to undocumented immigrants infected with coronavirus. Read full article: More Americans back giving undocumented ...→

Poll: Climate Change on Americans' Minds Amid Pandemic

Poll: Climate Change on Americans' Minds Amid Pandemic

Americans are still concerned about climate change even during the coronavirus pandemic, according to a new survey. Read full article: Poll: Climate Change on Americans' Minds...→

Americans Getting 16.4 Hours More Sleep Amid Stay-At-Home Order

Americans Getting 16.4 Hours More Sleep Amid Stay-At-Home Order

In the same study, see which cities are ranked the best and worst for sleep using a variety of different factors. Read full article: Americans Getting 16.4 Hours More Sleep ...→

Consumer Sentiment Unexpectedly Rises Amid Relief Payments

Consumer Sentiment Unexpectedly Rises Amid Relief Payments

U.S. consumer sentiment posted a surprise increase in early May amid widespread virus-relief payments and discounts for big-ticket items, though pessimism deep [...] Read full article: Consumer Sentiment Unexpectedly Rises Am...→

Gallup Poll: Americans Less Charitable Amid Pandemic

Gallup Poll: Americans Less Charitable Amid Pandemic

Americans hit an all-time low of donating money to charitable organizations, according to a new poll. Read full article: Gallup Poll: Americans Less Charitable A...→

Consumer watchdog on the job as Americans reel from coronavirus crisis

Consumer watchdog on the job as Americans reel from coronavirus crisis

Banks are offering plenty of leeway on paying bills during coronavirus, but consumers who have cash should still pay off everything they can because they’ll sa [...] Read full article: Consumer watchdog on the job as American...→

Hertz reports ‘going concern’ doubts amid swifter cash burn

The car-rental giant, which has been working with its lenders to stay out of bankruptcy, said it may not have enough cash on hand to pay lenders amid dim prosp [...] Read full article: Hertz reports ‘going concern’ doubts ami...→

Matthew McConaughey releases new PSA to bring Americans together amid coronavirus pandemic

Matthew McConaughey releases new PSA to bring Americans together amid coronavirus pandemic

"The country needed a motivational reminder that America is much stronger together rather than divided by partisan politics," McConaughey said. Read full article: Matthew McConaughey releases new PSA to ...→

‘Asian Americans’ PBS documentry explores prejudice and perseverance amid coronavirus

‘Asian Americans’ PBS documentry explores prejudice and perseverance amid coronavirus

Hundreds of Asian Americans have reported verbal and physical assaults since the nation’s first coronavirus infections surfaced in January. Read full article: ‘Asian Americans’ PBS documentry explore...→

New coronavirus relief bill proposed by Democrats could mean more cash for Americans

New coronavirus relief bill proposed by Democrats could mean more cash for Americans

Even if House Democrats choose to move ahead with legislation next week, additional relief is not expected to be approved by the full Congress and President Do [...] Read full article: New coronavirus relief bill proposed by ...→

Bridges Connecting Pa., NJ to Collect Cash Again Amid Coronavirus Pandemic

Bridges Connecting Pa., NJ to Collect Cash Again Amid Coronavirus Pandemic

Drivers making the trip over the Delaware River between New Jersey and Pennsylvania will soon be able to use cash again on four bridges. Read full article: Bridges Connecting Pa., NJ to Collect Ca...→

UBS Wealth: Americans Wrong to Pile Up Cash; Go for Credit

UBS Wealth: Americans Wrong to Pile Up Cash; Go for Credit

Americans have been piling into cash amid uncertainty around the impact of the coronavirus, according to UBS Global Wealth Management, which says that strategy [...] Read full article: UBS Wealth: Americans Wrong to Pile Up C...→

Trump says he views Americans as 'warriors' amid coronavirus

Trump says he views Americans as 'warriors' amid coronavirus

President Trump said he views Americans as “warriors” in the fight against coronavirus, as he made the argument for reopening economies across the country soon [...] Read full article: Trump says he views Americans as 'warrio...→