The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.
More Stories
Aerial firefighting companies’ new challenge: Keeping up with demand
Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand.
Why this China-made BYD Shark pickup is drawing attention in the global truck market
BYD has not announced plans to sell the Shark in the U.S., but it has entered countries such as Mexico,...
Target rolls back DEI initiatives, the latest big company to retreat
Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs.
Universal’s ‘Wicked: For Good’ creates a unique marketing challenge
The marketing plan for "Wicked: For Good" is expected to be similar to the playbook used for "Wicked," with a...
AI-enhanced films ‘The Brutalist’ and ‘Emilia Pérez’ score Oscar nominations for acting, editing
"The Brutalist" and "Emilia Pérez," two films facing controversy over artificial intelligence usage, lead the nominees for the Academy Awards.
UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
Noel was the head of Medicare and retirement at UnitedHealthcare, the largest private health insurer in the U.S. and the...