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WEALTHY CONSUMERS SPENDING
Global luxury goods industry set for recovery in 2027, US to remain bright spot: Goldman SachsThe global luxury goods industry is expected to witness a recovery after several years of sluggish sales performance, with revenues of majo...- India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
- US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections nearU.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose ...
- Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
- Warren Buffett calls out the worst accounting trick in corporate America, and the analysts who help it alongEvery loan that Warren Buffett’s home business makes, it keeps. When the borrower stops paying, the loss is borne by his company rather tha...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year highThe US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
- Quote of the day by Justin Bieber: 'The blessing is not about being able to receive as much as it is being in a position to...' Life lessons from inspirational quote on success, purpose, humility and gratitudeQuote of the day by Justin Bieber focuses on the notion of a blessing not only being a matter of what the individual receives. Justin Biebe...
- It's the right time to invest in India: Swiss luxury watchmaker Baume & Mercier CEOSwiss luxury watchmakers, particularly Baume & Mercier, are planning significant investments in India due to the India-EFTA trade pact. Des...
- Italian proverb of the day: “Those who have bread have no teeth, and those who have...” — What can this famous Italian saying teach us about missed opportunities, relationships, empathy and life’s uncertainties?Italian proverb of the day: “Those who have bread have no teeth, and those who have teeth have no bread” puts a familiar frustration into j...
- Psychology says people who always keep a lot of cash in their wallets may be seeking more than financial securityPeople may carry cash for very different reasons. For some, it is a practical way to control spending; for others, it provides reassurance ...
- John D. Rockefeller’s striking quote on wealth: ‘I know of nothing more despicable and pathetic…’ – One of history’s richest men on chasing moneyJohn D. Rockefeller, known as an industrial pioneer, built a vast fortune through Standard Oil. However, he warned that fixating solely on ...
- How is Gen Z affording iPhones, cafés and weekend plans on Rs 30,000-50,000? CA explains the uncomfortable truthCA Nitin Kaushik explains why Gen Z’s expensive-looking lifestyle does not necessarily indicate higher wealth. iPhones, branded sneakers, c...
- Quote of the Day by Coco Chanel: 'There is no time for cut-and-dried monotony...'- Inspiring Life lessons on work, love, and making the most of your time by the luxury fashion house, Chanel founderQuote of the Day by Coco Chanel: Coco Chanel's life lessons emphasize prioritizing work and love over monotony. Her journey from poverty to...
- You don’t need a Rs 2 lakh salary to be financially stable: CA shares important money habits that matter more than how much you earnCA Nitin Kaushik shared eight money habits that can help people build financial stability without earning a huge salary. He recommends trac...
- Gloria Steinem, the icon of American feminism, was one of the most prominent critics of American Psycho and even reportedly convinced Leonardo DiCaprio to leave the film. Later, her stepson Christian Bale played the title characterGloria Steinem, the celebrated feminist figure, passed away on September 2, 2026, at the age of ninety-two. Notably, she challenged the vio...
- Quote of the day by Warren Buffett: 'In the world of business, the people who are most successful are those...' - Inspiring lessons from the legendary investor on passion, purpose, career success and why finding meaningful work can help you stay motivated, overcome setbacks, build expertise and create lasting fulfillmentQuote of the day by Warren Buffett: Warren Buffett, a renowned investor, emphasizes patience and discipline in wealth building. He believes...
- Quote of the day by Keanu Reeves, 'Money doesn't mean anything to me. I've made a lot of money, but I want to enjoy life and not stress myself building my bank account. I give lots away and live simply, mostly out of a suitcase in hotels. We all know that good health is much more important' offers powerful inspiring lessons about what makes life worth living, teaches purpose, meaning, wisdom, life advice on happiness, inner peaceQuote of the day by Keanu Reeves emphasizes on what we are really chasing. Perhaps the richest person is not always the one with the larges...
- Sales of Raksha Bandhan merchandise up 46% year-on-year: GoKwikIn Rakhi merchandise sales, North India led in order share, followed by South and West regions. Gift categories like home and furniture saw...
- Quote of the day by Seneca: 'People waste their life preparing for a future that was never promised...' - Stoic philosopher’s life lesson on why we should not waste the present waiting for tomorrowQuote of the day by Seneca "People waste their life preparing for a future that was never promised, while the only life they truly own pass...
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