Who is actually still spending money?” asks a headline on a Chinese news site. The article shows a chart that has gone viral: ...

One of the debates within economics is whether consumption is driven by income or wealth. The outcome of this debate is important for policymakers; if the goal of policy is lifting or constraining ...

China should make greater efforts to boost household income over the next five years as the world’s second-largest economy looks to consumption to power future growth, a former senior official said.

The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends. December's personal income grew 0.4% MoM, while ...