How did US-China tariff truce impact markets?
Why is Tesla stock surging after China deal?
What will Trump’s Middle East trip achieve?
How will Trump's drug price order affect pharma?
Why is Nissan doubling job cuts now?
What caused gold and mining stocks to fall today?
How will Fox’s new streaming service compete?
Why are retail stocks jumping after tariff rollback?
What’s behind GM hiring ex-Tesla exec as product chief?
Consumers' new spending habits show they're preparing for the worst, and the luxury market is taking the brunt of it
businessinsider.com/luxury-market-brunt-consumers-spending-habits-rich-habits-2025-5
Retail numbers and personal care spending are up in recent months.
picture alliance/dpa/picture alliance via Getty Images
This post originally appeared in the Business Insider Today newsletter.
You can sign up for Business Insider's daily newsletter here.
Welcome back! Stock market…
This story appeared on businessinsider.com, 2025-05-12 13:03:13.