21-05-2020 18:27 via feedproxy.google.com

Some Americans spend $1,200 stimulus checks on non-essentials including electronics

There’s evidence that some Americans are spending their $1,200 stimulus checks on non-essentials including electronics, video games, sporting goods, and toys, according to major retailers.
Apple’s new MacBook Air (2020)
Elisabeth Buchwald for MarketWatch:Both Walmart and Target saw increased consumer demand for discretionary goods in mid-April as the stimulus payments from the $2.2-trillion CARES Act flowed into Americans’ bank accounts, the companies’ CEOs said this week
Read more »