A group of US consumers has surprised companies and economists by splurging on Taylor Swift concerts, trips to Paris and dining out — even as their savings decline.
Call them the YOLO consumers.
An ugly word has been shooting around the media like it’s going out of fashion: Recession, usually defined as two back-to-back quarters of a shrinking economy.
Judging by recent headlines and rhetoric from experts, you’d think we are already there. But as with many things, the truth is more nuanced. To be sure, no one in their right mind wants to see a recession, as these peri…
Read morePresident and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.Michael M. Santiago | Getty Images
Warner Bros. Discovery has gone "pencils …
Read moreA sign is pictured above a branch of New York Community Bank in Yonkers, New York, on Jan. 31, 2024.Mike Segar | Reuters
Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year's banking turmoil nears.
Shares of t…
Read moreA United Airlines Boeing 787-8 Dreamliner aircraft is seen taking off from Amsterdam Schiphol Airport.Nicolas Economou | Nurphoto | Getty Images
United Airlines is planning to launch flights to Marrakesh, Morocco, and Medellin, Colombia, and ramp up …
Read moreA scene from "Barbie."Courtesy: Warner Bros.
If there's one thing Mattel CEO Ynon Kreiz wants shareholders to take away on Thursday, it's the power of Barbie.
As the toymaker faces activist pressure from Barington Capital, p…
Read moreProstate massage and prostate milking are usually commonly used terms to describe the massage or stimulation of the prostate gland either for medical or sexual answers. Both terms are frequently used when intent is the relief of the symptoms of chronic prostatitis by a physician and prostate milking or milking the prostate is utilised more often when objective is draining prostatic fluid during…
Read moreIf you wish to play online slots you are in a growing crowd. There is no denying you could sign up to account and dive right in. Of course, this wouldn’t be in your best interest. You need to be careful about the slot machines a person get involved equipped with. After all, you are wagering your hard earned money. You extremely want to sure you are redecorate while giving yourself the bes…
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