Consumer Spending

What Consumers Expect From Issuers And Mobile Card Services
What Consumers Expect From Issuers And Mobile Card Services
January 17, 2019  |  Mobile

Consumers aren’t just using financial apps to check on their last five transactions or send and receive payments. They are increasingly turning to their smartphones...

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Stock Market Rout Could Hit Wealthy Households In 2019
Stock Market Rout Could Hit Wealthy Households In 2019
January 16, 2019  |  Economy

With the stock market selling off in recent weeks, Goldman Sachs is warning that wealthy households will feel some of the pain. According to a...

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Fresh Holiday eCommerce Data: Another Nail In Physical Retail’s Coffin?
Fresh Holiday eCommerce Data: Another Nail In Physical Retail’s Coffin?
January 15, 2019  |  eCommerce

Online retail and mobile commerce had their shining moments over the 2018 holiday shopping season — the latest evidence of that comes from Adobe Analytics, which...

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Retailers Reconsider Big Moves Amid Economic Uncertainty
Retailers Reconsider Big Moves Amid Economic Uncertainty
January 15, 2019  |  Retail

With the possibility of a potential recession looming, among other factors, retailers may be rethinking major decisions. They are also said to be waiting to...

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Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019  |  Earnings

Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers...

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Footfall Worries US Retail Despite Strong Holiday Season
Footfall Worries US Retail Despite Strong Holiday Season
January 07, 2019  |  Retail

Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows...

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Americans Aren’t Struggling Despite Rising Consumer Debt
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019  |  Economy

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...

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2018: The Year Of The Confident Consumer
2018: The Year Of The Confident Consumer
December 29, 2018  |  Economy

What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it down the rabbit...

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Former Saks CEO On Retail’s Big 2018 Holiday Jump
Former Saks CEO On Retail’s Big 2018 Holiday Jump
December 28, 2018  |  Retail

Holidays are nothing if not factories for new memories. When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth...

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