CONSUMER Archives

The Economy Looks Strong — So Why Does Everything Still Feel Expensive?

ABE NEWS2 months ago2 weeks ago08 mins

ABE NEWS ORIGINAL | SUNDAY, AUGUST 16, 2026 The stock market is breaking records. Corporate profits are strong. Inflation is cooling. And economists can point to plenty of numbers suggesting the American economy is still standing. There is just one problem. A lot of ordinary people don’t feel it. Ask someone whether the S&P…

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America’s Shopping Engine Just Hit a Speed Bump — And Gas Prices Could Make It Worse

ABE NEWS2 months ago2 weeks ago05 mins

THE ABE HOOK Americans haven’t stopped spending. But they may finally be getting more careful about where their money goes. After months of surprisingly strong consumer spending, July delivered a warning: retail sales fell much more than economists expected. And with gasoline back above $4 in parts of the country as the Middle East…

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Uber Wants More Than Your Dinner. It’s Coming for the Office Lunch.

AI Was Supposed to Transform Software. Now It’s Reviving Factories Around the World.

The Price of Money Is Rising Again — And the Global Economy Is Starting to Feel It

Anthropic Is Betting $518 Billion on AI. The Real Question Is Whether the Future Can Pay for It.

Formula 1 Is Shortening Its Races. Is Modern Sport Being Redesigned for the Attention Economy?

Paris Fashion Week Opens as Luxury Faces a $10 Million Question: Is the Runway Still Worth It?

Saudi Arabia Built Its Wealth on Oil. Now It Wants to Build Cars.

The U.S. and China Are Building Separate AI Empires — But Their Money Still Depends on Each Other

Building Financial Infrastructure From Cameroon: How PaySika’s Founders Are Betting on Central Africa’s Digital Future

Manchester City’s Financial Reckoning: What the Premier League Verdict Could Mean for the Business of Football

CONSUMER

The Economy Looks Strong — So Why Does Everything Still Feel Expensive?

America’s Shopping Engine Just Hit a Speed Bump — And Gas Prices Could Make It Worse