Consumers' new spending habits show they're preparing for the worst, and the luxury market is taking the brunt of it

Main Idea: Consumers are cutting back on uncertain spending, and that shift is hurting the luxury market while Donald Trump Jr. draws attention for business ties that raise conflict concerns.

Key Points:

• Shoppers are favoring fixed-price choices like cruises, streaming plans, and all-inclusive trips because they want more certainty if the economy worsens.
• Luxury sales fell for the first time in 15 years last year, as middle- and lower-income buyers pulled back from expensive goods.
• The article says the rich are still spending, but the exit of more buyers could make luxury items feel even more exclusive over time.
• Donald Trump Jr.'s role at a venture fund is highlighted as a separate business story, with concerns about influence and access tied to his family name.