Consumer Spending

Consumer Spending: Running Dry …. Or Dry Powder?
Consumer Spending: Running Dry …. Or Dry Powder?
August 28, 2020  |  Consumer Finance

The consumer spending slowdown was due to happen, following the burst of activity and demand that had been hemmed in by the coronavirus. With a...

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Whole Paycheck Tracker: The Brawl In California
Whole Paycheck Tracker: The Brawl In California
August 28, 2020  |  Walmart Amazon whole paycheck

A good bit of the Amazon and Walmart bid for the U.S. consumer’s whole paycheck this week was at the top of the news feed....

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US Grocery Sales Drop As Consumers Order Delivery
US Grocery Sales Drop As Consumers Order Delivery
August 27, 2020  |  Retail

With high U.S. unemployment and recent PYMNTS research finding that 60 percent of Americans live paycheck to paycheck, paying for even the basic necessities of daily...

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How AI Helps Visa ‘Step In’ (Smartly) When Issuers Go Offline
How AI Helps Visa ‘Step In’ (Smartly) When Issuers Go Offline
August 26, 2020  |  Payments Innovation

Getting transactions done — particularly card transactions — requires a seamless flow of card-level data between cardholders, card networks, acquirers and issuers. When part of that...

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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Consumer Confidence Drops Again In August
Consumer Confidence Drops Again In August
August 25, 2020  |  Economy

The Conference Board’s Consumer Confidence Index declined for the second month in a row, dropping from 91.7 in July to a current reading at 84.8,...

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Why Cash Back Is King When It Comes To Card Rewards
Why Cash Back Is King When It Comes To Card Rewards
August 25, 2020  |  Consumer Insights

The world of consumer spending has radically reset in recent months in ways that had been wholly unimaginable when the year began. Chris Roncari, Elan’s...

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Economists Predict Slow Recovery, Chance Of Double-Dip Recession
Economists Predict Slow Recovery, Chance Of Double-Dip Recession
August 24, 2020  |  Economy

The new report from the National Association of Business Economists (NABE) finds respondents to the August 2020 NABE Economic Policy Survey think the U.S. economy...

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October Shapes Up As Make-Or-Break Month For Retail Sales
October Shapes Up As Make-Or-Break Month For Retail Sales
August 24, 2020  |  Retail

When a public company hosts a quarterly earnings call, it’s usually a predictable, even tedious affair. The executives who deliver news of the profit or...

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