Leasing a car more popular, high-credit consumers choosing to lease more than 30% of the time
Borrowers with good credit scores choose to lease more often than those with poor credit scores. (iStock) With car prices rising since the peak of the pandemic, many drivers are likely buying cars on leases rather than loans. Experian’s State of the Auto Finance Market Q1 Report. Borrowers with higher credit scores are more likely […]
Consumers Finally Get Some Relief From Inflation As Prices Decline for First Month Since 2020
Consumers are experiencing their first relief from inflation since the peak of the 2020 pandemic. In an unexpected development, the Labor Department said on Thursday that prices for consumer goods and services fell in June. The big drop signals a recent slowdown in inflation and is raising hopes that the Federal Reserve may sharply cut […]
Dynamic pricing can help both consumers and the environment
from Large supermarkets and grocery stores To Airlines“Dynamic Pricing“Online shopping,” where prices change in real time according to supply and demand, will become a bigger part of Americans’ shopping experience. As companies use artificial intelligence to increase their computing power, we’ll likely see more price fluctuations at local stores and restaurants. But as Wendy’s saw […]
AI tech can select fragrance based on consumers’ personal preference
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Consumers’ guide to credit card use: balancing perks with financial health
“Kudlow” panelists Kevin Brady, Art Laffer and Sandra Smith discuss why “Bidenomics” isn’t being embraced by voters. Credit cards have become a staple in American finances as individuals look for ways to gain financial benefits for the present and future. Regardless of age or income, credit card usage is common in the United States. By […]
More consumers say they're concerned about making ends meet: Survey
a Recent Research The Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that more consumers say they are worried about making ends meet. In April, 36.8% of consumers said they were worried about making ends meet over the next 7 to 12 months, compared to 34.8% who said the same in January. “The increase […]
Hooters Shutters Dozens of Locations as Inflation Plagues Consumers
Hooters has closed dozens of locations as inflation continues to weigh on people and businesses in President Joe Biden’s America. Hooters spokesperson Said of New York Post “Like many restaurants feeling pressured by current market conditions, Hooters has made the difficult decision to close certain restaurants,” the company said Monday. The company has closed about […]
Consumers are turned off by AI-generated content in media
A recent survey revealed that more consumers are against watching and consuming content generated by artificial intelligence than in favor. However, it is becoming more acceptable for everyday tasks to be performed by AI and non-human content, such as games and animations. A survey of U.S. consumers by Variety Intelligence Platform and HarrisX revealed stark […]
Millennials, Gen-Xers Now Bigger Toy Consumers Than Preschoolers In New Trend
For the first time, a new study shows that demand for toys from enthusiasts over the age of 18, specifically millennials and Gen-Xers, has surpassed that of preschoolers, generating $1.5 billion in sales from January to April, according to a new study. Popular online toy influencer Dan Larson told The New York Post when asked […]
Grown-ups surpass preschoolers as the biggest toy consumers
Jay Glatfelter spends about $4,800 a year on toys: $2,400 for himself and another $2,400 on birthday and Christmas gifts for his two sons, ages 6 and 10. A 39-year-old tech salesperson who moonlights as a toy influencer Geek.Dad.Lifeare part of a burgeoning group of adults spending big bucks to collect action figures, trading cards […]