Consumer Spending

Affirm’s Debit Card Sees 75K Signups Per Month
Affirm’s Debit Card Sees 75K Signups Per Month
November 08, 2023  |  Earnings

Affirm Holding’s fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company’s debit card offering.  Supplementals from...

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BigCommerce Cuts Staff Amid eCommerce Headwinds
BigCommerce Cuts Staff Amid eCommerce Headwinds
November 08, 2023  |  eCommerce

BigCommerce says it expects the “headwinds” plaguing its industry to persist into 2024. In order to maintain growth and improve its go-to-market approach in that...

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Bank of America CEO Predicts Soft Landing for US Economy
Bank of America CEO Predicts Soft Landing for US Economy
November 08, 2023  |  Economy

Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. Speaking Wednesday (Nov. 8) at the Reuters NEXT conference, Moynihan said he...

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Max Sheds Subscribers as Ads Boost Streaming Revenue
Max Sheds Subscribers as Ads Boost Streaming Revenue
November 08, 2023  |  Earnings

Warner Bros. Discovery is seeing its direct-to-consumer (D2C) subscriptions lose members, even as the shift to ad-supported models helps drive revenue increases for these services....

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The RealReal Gets Real Revenue From Advertising
The RealReal Gets Real Revenue From Advertising
November 07, 2023  |  Retail

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor...

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Tech Giants’ Murky Forecasts Make Investors Nervous
Tech Giants’ Murky Forecasts Make Investors Nervous
November 05, 2023  |  Big Tech

Recent big tech earnings reports have reportedly made Wall Street worried about the year’s end. As Bloomberg News reported Sunday (Nov. 5), companies like Apple, Meta, Tesla and Alphabet have given investors...

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Why Retailers Don’t Want Consumers to Get an Extra Hour of Sleep
Why Retailers Don’t Want Consumers to Get an Extra Hour of Sleep
November 04, 2023  |  Retail

On Sunday (Nov. 5), most U.S. states will “fall back” an hour, giving people an extra wink of sleep. While the states that embrace this time...

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Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
November 03, 2023  |  eCommerce

Coffee sales at the grocery store are reportedly below pre-COVID levels as consumers increasingly get their caffeine buzz from digital channels or restaurant chains. Packaged coffee...

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Service Sector Slows: Sign of the Times as Consumers Shift Spending?
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
November 03, 2023  |  Economy

The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. A reading above 50 notes expansion...

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