Just how resilient is the American consumer? It’s a key question facing the Federal Reserve. As Bloomberg News reported Sunday (Oct. 29), officials from the U.S. central bank...
The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....
Inflation is strong. Consumer spending is strong. Disposable income growth isn’t keeping pace. And personal saving as a percentage of disposable income is declining. To...
Consumers are buying their groceries both online and in-store, a phenomenon known as hybrid purchasing, and this reality is set to upend retailers’ strategies. According...
Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials...
The delinquency rate in Capital One’s domestic card business continued to rise in the third quarter and has returned to its pre-pandemic level. The 30-day performing...
Strong consumer spending this summer helped drive economic growth in the U.S. Figures released Thursday (Oct. 26) by the U.S. Commerce Department showed gross domestic product (GDP) increasing at...
Mastercard has pointed to a “resilient” consumer, buoying the latest quarter’s results. But management noted on the conference call with analysts that spending is decelerating...
Installment plans have become a preferred payment method for consumers. PYMNTS Intelligence has found that 60% of shoppers used an installment plan to buy consumer...