Consumer Spending

Citi Sees Growth Ahead From ‘High-End’ Consumers
Citi Sees Growth Ahead From ‘High-End’ Consumers
January 15, 2025  |  Earnings

Citigroup’s fourth-quarter earnings results were part of a trend in banking reports Wednesday (Jan. 15), where consumer spending continued to drive momentum on cards, the...

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Food Prices Continue to Climb, Adding to Consumers’ Budget-Balancing Act
Food Prices Continue to Climb, Adding to Consumers’ Budget-Balancing Act
January 15, 2025  |  Economy

The Bureau of Labor Statistics has given its latest reading on inflation, and the data released Wednesday (Jan. 15) notes the prices consumers pay (as...

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JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
January 15, 2025  |  Earnings

J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Get the Full Story Complete the...

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Joann Seeks Bankruptcy Protection for 2nd Time in Under a Year
Joann Seeks Bankruptcy Protection for 2nd Time in Under a Year
January 15, 2025  |  Retail

Crafts chain Joann is seeking bankruptcy protection for the second time in under a year. Get the Full Story Complete the form to unlock this article and...

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CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
January 13, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...

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U. Mich: Consumers See Higher Inflation in 2025
U. Mich: Consumers See Higher Inflation in 2025
January 10, 2025  |  Consumer Insights

Consumers expect to see higher inflation in the year ahead and in the long run, according to preliminary results for the University of Michigan’s January...

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Will December’s Job Bounce Get Consumers to Keep Spending?
Will December’s Job Bounce Get Consumers to Keep Spending?
January 10, 2025  |  Economy

For the jobs market, this is the way the year ends — not with a whimper but a bang. Get the Full Story Complete the...

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Latest Inventory Data Offers Mixed Signals for Merchants
Latest Inventory Data Offers Mixed Signals for Merchants
January 09, 2025  |  Economy

The latest government data on inventories moving through the channels offered up mixed signals for merchants, particularly for nondiscretionary items — or at least that was...

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Doxo Debuts ‘All-in-One’ Solution to Streamline Consumer Bill Pay
Doxo Debuts ‘All-in-One’ Solution to Streamline Consumer Bill Pay
January 08, 2025  |  Consumer Payments

Bill payment service doxo launched a solution to make paying bills easier for consumers. Get the Full Story Complete the form to unlock this article...

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