'Funflation' is on the rise as hobbies get pricier, but consumers keep spending anyway
Consumers are spending more on hobbies like arts and crafts and outdoor sports, as it gets more expensive to travel due to increased airfare.
Consumers are spending more on hobbies like arts and crafts and outdoor sports, as it gets more expensive to travel due to increased airfare.
Coca-Cola is trying to maintain growth as consumers face higher gas and grocery prices.
Meta CEO Mark Zuckerberg's new Muse Charm device is intended to put his company ahead of rivals like OpenAI and Google in AI agents and consumer hardware.
KFC is opening a new restaurant concept in Texas where it will offer an expanded menu, including breakfast items, and table service.
Spending on cats remains strong despite softening dog sector and tightening consumer discretionary spending.
Olive Garden's same-store sales growth has slowed in recent quarters.
Lowe's is launching a drone delivery service in a partnership with DoorDash and Alphabet's Wing, CNBC has learned exclusively.
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround.
McDonald's is following the lead of Amazon and Walmart as it starts its own media network.
McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.