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60% of Shoppers Stressed by Geopolitics, Personal Finances, Kearney Consumer Institute Finds
Yahoo Finance· 2025-10-23 14:35
Core Insights - Despite geopolitical strife and economic instability, consumer spending remains strong, accounting for nearly 70% of the United States GDP [3] - The current economic environment is characterized as a "Yes, But" economy, where consumers feel secure enough to spend but are also anxious about their financial situations [2] Consumer Spending and Financial Health - Median household incomes have been stable for a decade, and household net worth has increased by 30% since the pandemic, yet the top 10% of earners account for nearly half of all consumer spending [3] - Middle-income households have declined from 61% in 1971 to 51% in 2023, while debts such as credit cards and student loans are rising [3][4] Consumer Stress and Economic Perception - The Kearney Consumer Institute's Q3 2025 update indicates that personal finances and geopolitical factors are the top stressors for consumers, with a 10% increase in stress levels compared to the previous year [5] - 59% of Americans find the current political division distressing, a 17% increase from 2024, reflecting concerns over government stability and economic policies [6]
3 letter word made me write a letter to the Prime Minister | Shikha Khanna | TEDxMaharashtra College
TEDx Talks· 2025-07-29 15:57
Core Message - The central theme revolves around the power of "yes" in overcoming obstacles and achieving success [23][25] - The speaker shares a personal narrative to illustrate how embracing opportunities and challenges led to personal and professional growth [1][2] Personal Journey & Transformation - The speaker recounts childhood struggles, including academic challenges and family issues, highlighting resilience and perseverance [3][4] - A turning point occurred when the speaker pursued arts, leading to academic success and discovering a passion for photography [5][6] - The speaker established a successful career as a baby photographer, becoming a recognized figure in Delhi [7][9] - Motherhood led to a period of self-doubt and isolation, requiring significant effort to overcome [10][11] - The speaker pivoted during lockdown by teaching photography online and initiating a project to honor mothers' stories [12][14] Project & Impact - The speaker organized an event to host mothers from around the world, facing challenges in securing sponsorship [15][16] - The Prime Minister's Office provided a letter of support, acknowledging the value of honoring mothers [18][21] - The event was a success, fostering connection and shared experiences among the mothers [21][22] - The speaker aims to continue honoring mothers' stories and advocating for their recognition [22] Types of "Yes" - The speaker identifies different types of "yes," including stubborn, habitual, reluctant, and a "yes" to a "no," emphasizing the importance of each in navigating life's challenges [23][24]