High-income consumers are living larger, while others cut protein to make ends meet, new Fed report finds

Key Takeaways The U.S. economy grew faster in December, and the trend of the rich growing richer and the poor getting poorer intensified, according to a report from the Federal Reserve.The Fed's Beige ...
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Value Retailers Have Been Waiting for the Higher-Income Consumer. They’ve Arrived.

Late last year, Academy Sports & Outdoors executives started noticing something unusual. The chain, which tends to draw bargain-hunters looking for everything from bicycles to outdoor grills, was ...
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A tale of 2 consumers: High earners doing fine while lower-income households 'under some pressure'

Despite stock market volatility and tariff uncertainty, the US consumer is still spending. But company commentary in recent earnings reports and Wall Street data points are reasons for concern, ...