Consumer Behaviour

Apple Braces for Potential Fourth Quarter Revenue Decline Amid Global Challenges

Apple, the tech giant known for its iPhones and MacBooks, is bracing for its fourth consecutive quarterly revenue decline. As…

1 year ago

Luckin Coffee sells big on their new Boozy Brew

Luckin Coffee, a prominent coffee chain in China, recently brewed up a storm with its new offering: an alcohol-infused latte…

1 year ago

U.S. Retail Sales Surprise with July Jump!

In July, the U.S. retail sales report showed a surprising increase, despite the inflationary pressures and a series of Federal…

1 year ago

UK Inflation on a Roll: Record Bread Prices Send Inflation Soaring

In March, UK inflation persisted at over 10%, mainly due to skyrocketing bread prices. Consumer prices increased by 10.1%, with…

2 years ago

Utah’s Social Media Laws: Will They Protect or Harm Kids?

Utah has just passed some sweeping legislation aimed at protecting children and teens from the negative effects of social media.…

2 years ago

UK prices spiraling upwards as inflation hits 40-year high

The UK inflation rate is rising at its fastest rate in 40 years. This is predominantly a result of soaring…

2 years ago

Paying for plastic bags has dramatically reduced usage in the UK

Since the UK government introduced a 5p charge for single-use plastic bags in 2015, millions of shoppers are now choosing…

4 years ago

Why does the recession proof Coca-Cola have so much cash?

As economies around the world continue to be shattered by the economic consequences of Covid-19, millions of business have found…

4 years ago

An economy down under: Australia facing the prospect of a deep recession

Josh Frydenberg, the Australian Treasurer, announced on Wednesday that the economy is likely to have shrunk by as much as…

4 years ago

Deflation in Canada: why economists will tell you that falling prices is not something to be happy about

The inflation rate in Canada entered negative territory in April, as year-on-year inflation was measured at -0.2%. This essentially means…

5 years ago

Declining rate of retail sales at a historic low as consumer confidence plummets in the US

The latest in a long list of ‘historic lows’ since Covid-19 wiped out the global economy is the total collapse…

5 years ago

A tale of two businesses: winners and losers of a global lockdown

Netflix and chill? Yes please, but not with a Coca-Cola.Recent announcements from these two corporate giants have given us an…

5 years ago

Loo roll over Louis Vuitton: luxury brands amongst the hardest hit by Covid-19

The global fashion industry, valued at over US$2 trillion, has been hit extremely hard by the worldwide spread of Covid-19,…

5 years ago

Ramen: the inferior good behaving like an… inferior good!

For a student of economics, one of the first concepts we learn about is the different types of goods. That…

5 years ago

Orange juice is the new king of commodities: prices set to soar!

As consumers around the world look for any way they can to fend off the deadly coronavirus, drinking copious amounts…

5 years ago

We’ve heard about the toilet paper, but what else are people panic buying?

Since the deadly outbreak of Covid-19, there have been cases all over the world of panic-stricken consumers rushing to supermarkets…

5 years ago