Articles

  • 1 week ago | forbes.com | Chris Dobstaff

    Tariff uncertainty and an unstable stock market are weighing on U.S. consumer confidence—it’s down more than 30% since December. But that doesn’t mean Americans have stopped spending money. March data from the U.S. Census Bureau reveals that most retail segments posted growth for the month, with auto dealers getting the biggest bump—up 9.2% as consumers rushed to buy cars before tariffs went into effect.

  • 1 week ago | forbes.com | Chris Dobstaff

    With a record 3,028 people around the globe on Forbes’ most recent World’s Billionaires List—with a collective worth of $16.1 trillion—it’s clear that the richest people in the world are wealthier and more influential than ever. This week, Forbes will host a members-exclusive conversation, “Behind The Billions: Inside The Forbes Billionaires List,”diving into what we can learn from the super-rich and why tracking how the world’s wealthiest amass their fortunes is more important than ever.

  • 4 weeks ago | forbes.com | Chris Dobstaff

    Opening Day is music to the ears of baseball fans—and Major League Baseball’s owners are likely pretty giddy themselves. The value of MLB’s 30 teams continues to rise, hitting an average of $2.6 billion in 2024, an 8% increase from last season. Leading the pack is the New York Yankees, who have led the ranking of baseball’s most valuable clubs every year since Forbes started the list in 1998 and are now worth an estimated $8.2 billion.

  • 1 month ago | forbes.com | Chris Dobstaff

    As the stars descend upon Los Angeles for the 97th Academy Awards on Sunday, Hollywood’s most prominent names will once again come face-to-face with the movie business’ shifting landscape. On the surface, much will be familiar about this year’s ceremony. First-time host Conan O’Brien is part of a long line of comedians to MC the Oscars, including fellow late-night legend Jimmy Kimmel, who has hosted the show a total of four times.

  • Jan 21, 2025 | forbes.com | Chris Dobstaff

    Good morning,American retailers are starting the new year strong after U.S. consumers exceeded expectations for holiday retail shopping at the end of 2024. Sales for November and December grew an “unexpectedly high” 4% over 2023, hitting a record $994.1 billion, according to the National Retail Federation—with online and non-store retailers leading the industry. However, NRF’s chief economist says that American consumers “remain budget conscious” entering 2025.

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