Tightwads and spendthrifts: A Black Friday tradition

Every year about this time, on Black Friday, the day after Thanksgiving that traditionally begins the holiday shopping season, early-morning consumers stand in long lines eager to purchase some sought after prize. From the ...

PlayStation game network takes online film tack

Sony is putting a videogame spin on popular online movie streaming services such as Netflix by giving members of its PlayStation Network access to a library of blockbusters for a monthly fee.

Asia budget carriers eye social media to cut costs

Asian budget carriers are increasingly using social networks like Facebook to boost their business and even channel customer criticism, without resort to print advertising, industry chiefs said Thursday.

Candy bar or healthy snack? Free choice not as free as we think

If you think choosing between a candy bar and healthy snack is totally a matter of free will, think again. A new study in the Journal of Consumer Research shows that the choices we make to indulge ourselves or exercise self-control ...

People born in the 1940s not the spenders we thought they were

People born in the 1940s are often portrayed as having both the means and the willingness to spend money on consumption, but how do they appear in the consumption statistics? According to the Consumption Report 2009, published ...

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