Consumer Spending

Citi Weathers Trading Volatility as Mobile Efforts Gain Traction

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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Amazon’s Holiday Sales Foreshadow 2019 Retail Trends
Amazon’s Holiday Sales Foreshadow 2019 Retail Trends
December 27, 2018  |  Amazon

Judging by its holiday performance and PYMNTS research, Amazon is well on its way to commanding more of consumers’ paychecks in 2019. The 2018 holiday...

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SMBs Cautious In Volatile US Economy
SMBs Cautious In Volatile US Economy
December 27, 2018  |  B2B Payments

An unstable stock market has led many small businesses (SMBs) to cut costs and change their hiring plans for the New Year. According to the...

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Retail Sales Jump By 5.1 Percent Over The Holidays
Retail Sales Jump By 5.1 Percent Over The Holidays
December 26, 2018  |  Retail

Amid the holiday season, total retail sales in the United States jumped by 5.1 percent from Nov. 1 to Dec. 24 compared to the prior...

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Apple In-App Gifting Could Be Coming Soon
Apple In-App Gifting Could Be Coming Soon
December 21, 2018  |  Apple

Changes to Apple’s App Store Review Guidelines have shown that the company will soon allow iOS users to gift in-app purchases. Get the Full Story...

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