Consumer Spending

Banks’ Earnings Show Digital Traction Amid Buoyant Consumer Spending
Banks’ Earnings Show Digital Traction Amid Buoyant Consumer Spending
January 20, 2020  |  Earnings

There are a few common themes among big bank earnings reports. The U.S. consumer is strong, and the ripple effects of strong U.S. consumer spending...

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How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US
How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US
January 20, 2020  |  Retail

Never underestimate the value of the “Contact Us” form that every merchant and service provider places somewhere on its website — because no one knows...

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Retail Numbers Underscore US Consumer/eCommerce Strength
Retail Numbers Underscore US Consumer/eCommerce Strength
January 17, 2020  |  Retail

Three in a row. In data provided by the U.S. Commerce Department, retail sales were up for the third consecutive month as of December of...

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For Payments Firms, Trade Deal’s First Step In Long Journey Into China
For Payments Firms, Trade Deal’s First Step In Long Journey Into China
January 16, 2020  |  Commerce

The trade deal between China and the U.S. – Phase One, anyway — has been signed. Now comes the hard part: Making sure both sides...

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Dec. Holiday Shopping Rush Boosted 2019 US Retail Sales
Dec. Holiday Shopping Rush Boosted 2019 US Retail Sales
January 16, 2020  |  Retail

With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened in December. Commerce...

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Auto Sales Race Toward A New Retail Future
Auto Sales Race Toward A New Retail Future
January 16, 2020  |  Retail

Close the door and buckle up – retail automotive sales are getting an upgrade. Some of the changes are coming via artificial intelligence (AI). For instance,...

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Quicken’s Simplifi Charges Users $39.99/Yr To Track Spending
Quicken’s Simplifi Charges Users $39.99/Yr To Track Spending
January 15, 2020  |  Mobile Applications

Quicken, the popular finance software, now has a new personal finance app available. Known as Simplifi, the app aims to help consumers in multiple aspects...

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Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
January 14, 2020  |  Earnings

For Wells Fargo (at least, when it came to the latest earnings report), it was all about the costs — and scandals. Charles Scharf, the...

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JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
January 14, 2020  |  Earnings

The consumer is doing just fine. To that end, JPMorgan Chase reported results that showed continued strength in U.S. consumer banking and spending on credit...

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