Interpol is on the hunt for fugitives accused of such crimes as ivory smuggling. illegal logging, and trafficking live animals
The cosmetics retailer is facing a lawsuit
The oil market has moved beyond the Keystone XL pipeline
A new tool detects computer malware that’s watching your every move
The provider of high-interest business loans nears an IPO, on the strength of its data-powered credit analysis—and a network of shady brokers
Nike expects revenue from women to outpace its men's business.
Twist, stretch, twirl: a day in the life of a candy cane
Educational Credit Management, a guarantor and collector of student loans, wants to buy 56 campuses from Corinthian Colleges
The novelty items are hot for retailers large and small
By Arik Hesseldahl
Consumers are creatures of habit when it comes to cutting back during a downturn. Amid recessions in the past four decades, Americans have tended to reduce spending in the same areas, while continuing to seek value in comparable ways. For instance, they curtail high-end dining and vacations, but slake their thirst for cutting-edge technology that they believe saves money.
GfK Roper Consulting has studied these consumer buying habits through periodic surveys since 1973, and most recently in February. This BusinessWeek.com slide show highlights this survey information, underscoring the sometimes predictable ways we behave when the financial going gets tough.
Business Exchange related topics:
Recession Spending and Investing
U.S. Financial Crisis