Consumer Spending

‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
October 11, 2023  |  Financial Inclusion

The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. They’re also in need of financial education...

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Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
October 11, 2023  |  Travel Payments

Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended...

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LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
October 11, 2023  |  Consumer Finance

The holidays are firmly in sight. LendingClub Senior Vice President of Membership and Lifecycle Strategy Amber Carroll said that as inflation remains entrenched, as we...

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PepsiCo: Budget-Conscious Consumers Buy Name-Brand Products in Smaller Amounts
PepsiCo: Budget-Conscious Consumers Buy Name-Brand Products in Smaller Amounts
October 10, 2023  |  Earnings

Rather than trading down to lower-priced brands, many shoppers are buying the same name-brand products in smaller amounts, according to PepsiCo. The food and beverage...

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Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
October 10, 2023  |  Economy

Walmart’s former U.S. CEO says consumers are facing pressures they haven’t felt in years. Speaking to CNBC Monday (Oct. 9), Bill Simon listed a host of headwinds...

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Container Shipping Rates Drop 90% Since Early 2022
Container Shipping Rates Drop 90% Since Early 2022
October 09, 2023  |  Shipping

Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. This...

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Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
October 09, 2023  |  Credit Cards

Store credit cards — the closed-looped offerings tied to certain merchants — may signal tougher times ahead. The rising costs of credit and the rising...

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Why Consumers Don’t Care About Monthly CPI – and Why it Matters
Why Consumers Don’t Care About Monthly CPI – and Why it Matters
October 09, 2023  |  Consumer Insights

No one really knows the origin of the phrase “seeing is believing.” The Oxford Dictionary traces its English language roots to 1609. Others say that...

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Older Americans Help Drive Consumer Spending Power
Older Americans Help Drive Consumer Spending Power
October 08, 2023  |  Consumer Insights

America has the highest percentage of older people in at least a century. And that fact, The Wall Street Journal reported Sunday (Oct. 8) may...

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