Consumer Spending

Spring Break Travel Dips To 12 Percent Of Americans

Spring Break Travel Dips To 12 Percent Of Americans
Spring Break Travel Dips To 12 Percent Of Americans
March 04, 2021  |  Travel Payments

The spring break season, usually a major U.S. travel period for college students, now looks desolate as the pandemic continues, with only around one in...

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Snapcommerce Grabs $85 Million For AI-Driven Mobile Commerce
Snapcommerce Grabs $85 Million For AI-Driven Mobile Commerce
March 04, 2021  |  Mobile Commerce

Snapcommerce, the message-driven mobile commerce platform for the price-conscious, has come off a funding round with $85 million, a press release says. Get the Full...

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Will Grocers Retain Their Share Of Food Spending Post-Pandemic?
Will Grocers Retain Their Share Of Food Spending Post-Pandemic?
March 03, 2021  |  Retail

For a long time, it seemed that restaurants’ growing share of the market could not be stopped, with younger consumers even more likely than their...

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Lyft Revises Forecast; Sees Increase In Ridesharing
Lyft Revises Forecast; Sees Increase In Ridesharing
March 03, 2021  |  Earnings

Lyft reported a sooner-than-expected recovery with one of its best weeks since the pandemic started, according to CNBC. Get the Full Story Complete the form...

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EU May Face Recession As Employment, Retail Numbers Stay Weak
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021  |  Europe

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial...

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Stimulus Update: House Passes $1.9 Trillion Package; Now Goes To Senate
Stimulus Update: House Passes $1.9 Trillion Package; Now Goes To Senate
February 28, 2021  |  Economy

The U.S. House passed President Joe Biden’s COVID-19 pandemic relief bill, which will allot $1.9 trillion to various pandemic-related remedies like stimulus checks, unemployment and...

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Stimulus Checks Fuel January Personal Income Spike
Stimulus Checks Fuel January Personal Income Spike
February 26, 2021  |  Economy

Stimulus checks did their job in January. The Commerce Department released its personal income report Friday (Feb. 26) showing an expected 10 percent spike as...

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Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

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