[NEW YORK] Mastercard said it expects consumer spending to gradually return to "pre-Covid" levels as people start using their cards again on clothing and domestic travel with countries easing...

[NEW YORK] The coronavirus has profoundly altered daily life in America, ushering in sweeping upheavals to the US economy. Among the most immediate effects of the crisis? Radical changes to how...

[WASHINGTON] US consumer spending held up in February, the latest sign that the world's largest economy remained on stable footing before measures to contain the spreading pandemic began rippling...

[TOKYO] Japan's household spending likely fell at a slower annual rate in November as consumers were probably slowly getting over a hike in the sales tax in October, though its effect would still...

[WASHINGTON] US economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, which could...

[MUMBAI/BEIJING] Down the street from Mumbai's grand colonial-era Royal Opera House, Deepak Gurnaney sits in his small electronics shop in front of rows of flat screen TVs flashing Hindi-soap...

LATEST US DATA

THE US economy cooled in August as Americans spent less than projected and companies cut capital-equipment orders, with below-forecast prices also adding to concerns that may support the case for...

[TOKYO] Real wages in Japan adjusted for inflation fell for a seventh month in July, adding to worries whether consumer spending can be sustained while the economy wrestles with slower global...

[NEW YORK]  US personal spending accelerated in July, exceeding forecasts and indicating household consumption remained solid at the start of the third quarter and will continue as the economy’s...

WEAKNESS in India's investment and consumption activity worsened in July, with economic growth showing little signs of recovery from a five-year low.