Consumers are feeling a bit better

Consumer trust in Boeing is wearing thin since an airplane door ripped off a 737 Max 9 in January, which has been followed by a string of other recent Boeing safety incidents. So how much does faltering trust actually impact the business of air travel? Plus, President Joe Biden w ... Show More

From the BBC World Service: China’s annual policy meeting has drawn to a close at a time when the country has mountains of debt, high youth unemployment and a property sector in crisis. So what is the government’s plan to boost confidence and steady the economy? Also on today’s p ... Show More

Almost one in five lawyers are using AI, according to an American Bar Association survey. But there are a growing number of legal horror stories involving tools like ChatGPT, because chatbots have a tendency to make stuff up — such as legal precedents from cases that never happen ... Show More

Consumers’ changing spending habits are the real cause of weak retail sales – more so than rising inflation, says consultant David Marcotte. 

There's more evidence that US consumers are weathering the economic storm and continuing to spend. Figures show retail sales rose by 0.7% in July which is more than expected. It's welcome news for retailers who are struggling with high prices and lower margins, and that’s going t ... Show More

America’s consumer prices rose by 3.2% in the year to July, a slight increase from 3% in June. Hosted on Acast. See acast.com/privacy for more information. 

Will Bain is presenting and in the programme he is looking into the prices for milk, airline tickets and new cars fell in the US last month, helping drive inflation to its lowest rate in two years. Inflation, the pace at which prices rise, was 4.9% over the 12 months to April, of ... Show More

Last year, Corbu managing director Samuel Rines came on Odd Lots to discuss what exactly companies were saying about why they were raising prices. His argument was that in the post-pandemic environment, with all its associated peculiarities and one-off disruptions, businesses wer ... Show More