Consumer Spending

Report: Rising Cost of Rideshare Services May Cause Lower Demand
Report: Rising Cost of Rideshare Services May Cause Lower Demand
February 19, 2025  |  Ridesharing

The rising cost of rideshare services may lead to lower demand, according to a report released Tuesday (Feb. 18) by gig worker app provider Gridwise....

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Report: Walmart Earnings Results Will Show Impact of Tariffs
Report: Walmart Earnings Results Will Show Impact of Tariffs
February 19, 2025  |  Retail

When Walmart reports its fourth-quarter earnings results and guidance Thursday (Feb. 20), analysts will reportedly be looking for signs of the impact of new and...

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Higher Prices and Fewer Choices: What American Consumers and Small Businesses Think About Tariffs
Higher Prices and Fewer Choices: What American Consumers and Small Businesses Think About Tariffs
February 19, 2025  |  Consumer Insights

The American consumer has been given a crash course in global trade over the last three weeks. On February 1, 2025, President Trump’s announcement of...

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eCommerce Sales Take Big Hit for January; Is Uncertainty to Blame?
eCommerce Sales Take Big Hit for January; Is Uncertainty to Blame?
February 14, 2025  |  eCommerce

January’s retail sales data showed a broad slump, worse than economists had expected. And though the headlines and analysis — depending on where you go...

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Card Delinquencies Hit Multiyear High
Card Delinquencies Hit Multiyear High
February 13, 2025  |  Consumer Finance

The holiday splurge has passed — and now comes the holiday hangover? The New York Federal Reserve detailed in its most recent report, “Household Debt...

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Energy, Food and Transportation Led Increase in Wholesale Prices in January
Energy, Food and Transportation Led Increase in Wholesale Prices in January
February 13, 2025  |  Economy

Higher prices for energy, food, and transportation and warehousing led a 0.4% month-over-month increase in the Producer Price Index for final demand in January. The...

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January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power
January’s Inflation Shows Essential Expenses Erode Consumers’ Purchasing Power
February 12, 2025  |  Economy

It’s not just about the eggs. Consumers were already feeling the pinch of higher inflation well before the January data on the Consumer Price Index...

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Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
February 12, 2025  |  Payment Methods

Last year appears to have been a landmark one for peer-to-peer (P2P) payment app Zelle. During 2024, American consumers and small businesses transmitted more than $1...

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How Banks Can Reengage the 53 Million Credit Outsiders
How Banks Can Reengage the 53 Million Credit Outsiders
February 07, 2025  |  Consumer Insights

A significant segment of the U.S. population — approximately 53 million individuals — remains outside the traditional credit card ecosystem. These “credit card outsiders” encompass...

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