Consumer Spending

JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3

JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
October 16, 2019  |  Earnings

In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. were a highlight. Nomura’s Bill Carcache noted...

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Chase Sees Active Mobile Customers, Card Loans Grow in Q3
Chase Sees Active Mobile Customers, Card Loans Grow in Q3
October 15, 2019  |  Earnings

Amid the companies kicking off earnings season, JPMorgan Chase and Co. reported results that showed consumer spending remains resilient in the face of global macro...

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Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019  |  International

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the...

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For Retail, High Growth In High-Tech?
For Retail, High Growth In High-Tech?
October 14, 2019  |  Today In Data

Ahead of the holiday season, gadgets of all types are gaining traction in consumer spend. As estimated recently by IDC, consumer spending this year on...

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Consumer Tech Spending To Grow More Than 5 Pct This Year
Consumer Tech Spending To Grow More Than 5 Pct This Year
October 11, 2019  |  Retail

Spending on technology is expected to keep rising, and is projected to reach $1.69 trillion this year, which is 5.3 percent higher than last year....

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Walmart Amazon Whole Paycheck Tracker: Logistics Upgrades, New Leadership
Walmart Amazon Whole Paycheck Tracker: Logistics Upgrades, New Leadership
October 11, 2019  |  Walmart Amazon whole paycheck

Most weeks the latest and greatest in the race for the consumer’s whole paycheck is the top-line news item for both Amazon and Walmart. What...

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Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
October 10, 2019  |  Loans

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...

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BRC Reports 1.3 Pct Drop In September UK Sales
BRC Reports 1.3 Pct Drop In September UK Sales
October 07, 2019  |  Retail

After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the mid-90s, merchants have...

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Data Points To US Consumer Spending Slowdown
Data Points To US Consumer Spending Slowdown
October 03, 2019  |  Economy

Consider the stock market free fall a bit of a lagging indicator — one that seems to be playing catch-up to the U.S. economy’s slowing...

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