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Consumers in the United States began to make more discretionary retail purchases in May, spiking overall monthly retail sales after a major dip in April. Vehicle-related sales in particular contributed to the recovery in retail spending, according to a Monday report from Moody's Analytics. But Scott Hoyt, Moody's Analytics head of economic research, said that many recent gains have appeared to be large only...

Experts say that a post-pandemic world will have more shoppers focused on value and efficiency. That's good news for deep-discount and big-box retailers like TJ Maxx and Walmart that offer products from a wide array of categories at lower prices.  The safety factor will also play an important role in this trend, as people look to lessen the amount of time they spend shopping...

People in the US have recently started receiving their coronavirus stimulus checks, a one-time cash payment of up to $1,200 for Americans with Social Security numbers. The checks are a part of the $2 trillion stimulus package from the US government. According to data from Cowen and Co., Chicago-based auto insurance startup Clearcover, and digital banking service Current, here's a breakdown of how Americans...