Marketplace®

Daily business news and economic stories
May 25, 2022

Are consumers cutting back or not? It depends on where you look.

This hasn’t been exactly a landmark season for investing in stocks. We dive into the market’s latest behavior with Susan Schmidt of Aviva Investors, who touches on the tech slide, Target, and how consumers appear to be spending their money. Amazon shareholders are confronting the company’s executives on topics ranging from the pay of the incoming CEO to how lower-level employees get treated. In Los Angeles, we look into what some of the possible solutions are for the homeless population.

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People walk by the New York Stock Exchange (NYSE) on May 23, 2022 in New York City. After a week of steep losses, markets were up in Monday morning trading.
People walk by the New York Stock Exchange (NYSE) on May 23, 2022 in New York City. After a week of steep losses, markets were up in Monday morning trading.
Photo by Spencer Platt/Getty Images

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The Team

Are consumers cutting back or not? It depends on where you look.