Consumer Spending

Uber Lets Parents Put the Brakes on Teen Spending
Uber Lets Parents Put the Brakes on Teen Spending
February 29, 2024  |  Financial Inclusion

Last year, Uber began offering highly supervised services to young passengers. Now, the ride-hailing and delivery company is giving parents even more oversight into how their kids...

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Consumers Cool on Spending Even as Inflation Slows
Consumers Cool on Spending Even as Inflation Slows
February 29, 2024  |  Economy

The headlines Thursday (Feb. 29) trumpet the fact that inflation rose in January at the rate most people expected — by 3% month on month....

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Who Uses Credit to Buy Groceries? The Answer Might Surprise You
Who Uses Credit to Buy Groceries? The Answer Might Surprise You
February 29, 2024  |  Buy Now Pay Later

A couple of weeks ago, more than 123 million people tuned in to watch the Super Bowl. Analysts say that it was the most watched...

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Worldline Projects Cooling Growth After ‘Consumption Slowdown’
Worldline Projects Cooling Growth After ‘Consumption Slowdown’
February 28, 2024  |  Earnings

French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in...

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As GDP Growth Decelerates, All Eyes Are on Consumer Spending
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024  |  Economy

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. And though the fourth-quarter GDP still logged some...

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Durable Goods Orders Dropped 6.1% in January
Durable Goods Orders Dropped 6.1% in January
February 27, 2024  |  Economy

New orders for manufactured durable goods declined by 6.1% in January. Orders dropped by $18 billion to $276.7 billion during the month, the U.S. Census...

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Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
February 27, 2024  |  Consumer Finance

The prices of goods and services will continue to weigh on U.S. consumers’ wallets in 2024. Most consumers still say they live paycheck to paycheck....

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Shoppers Tap BNPL for Health and Beauty Purchases
Shoppers Tap BNPL for Health and Beauty Purchases
February 23, 2024  |  Buy Now Pay Later

As consumers look to installment plans to help them afford the products they want under ongoing budgetary pressures, many are turning to buy now, pay...

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Walmart’s Health Sales Rise, but Amazon Closes In
Walmart’s Health Sales Rise, but Amazon Closes In
February 23, 2024  |  Retail

As Walmart and Amazon compete for consumers’ health and personal care spending, Walmart is seeing growth — but maybe not enough to hold its lead...

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