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Tag: spending

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Demand for international trips drive ‘travel momentum’ and spending

Hinterhaus Productions | Digitalvision | Getty ImagesTravel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal...

China’s consumers are spending on experiences. Travel stocks to watch

China's biggest food delivery platform is seeing a trend: more spending on experiences. "More and more consumers are willing to allocate a larger...

Chinese tourists pick cheaper destinations, fueling local spending

A night in China's Guizhou province at the Cliff Hotel, pictured here, starts around $83, according to Trip.com, which says the hotel was...

Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former...

President Biden signs $460 billion spending bill to avert a partial government shutdown

U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress in the House Chamber of the...

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