Consumer Spending

Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
August 08, 2023  |  Credit Cards

It’s the $1 trillion milestone. The Federal Reserve’s latest quarterly update on household debt shows that credit card balances crossed that milestone in a “first”...

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As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at Home and in the Car 
As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at Home and in the Car 
August 07, 2023  |  Restaurant innovation

Home is where the heart is — the car, too, at least when it comes to burgers and fries. To that end, as The Wall...

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Paycheck-to-Paycheck Consumers Who Live Alone Have Less Credit Card Debt
Paycheck-to-Paycheck Consumers Who Live Alone Have Less Credit Card Debt
August 04, 2023  |  Debt

With inflation still at high levels, Americans continue to rely on their regular paychecks to meet their expenses and financial obligations, with little or no...

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Declining Consumer Spend May Deepen Container Shipping Slowdown
Declining Consumer Spend May Deepen Container Shipping Slowdown
August 04, 2023  |  Shipping

Danish shipping giant Maersk reported a sharp fall in second-quarter earnings on Friday (Aug. 4) as global demand for the shipping of containers by sea continues its...

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Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
August 04, 2023  |  Retail

In the realm of economics, few phenomena wield as much influence over consumer behavior as inflation. This relentless upward march of prices alters the very...

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Are Main Street Businesses Starting to Crack?
Are Main Street Businesses Starting to Crack?
August 03, 2023  |  Earnings

Earnings season, as always, offers up data points for Wall Street to parse — net income per share, buybacks and top-line growth. The companies forging...

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BNPL Used as Budgeting Tool, Especially by Millennials, Says Sezzle CEO
BNPL Used as Budgeting Tool, Especially by Millennials, Says Sezzle CEO
August 03, 2023  |  Buy Now Pay Later

Millennials’ financial well-being might be a bit shaky — or soon will be. The pause on student loan payments is set to end, and the...

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Poshmark Founder Says ‘Focus on Community’ Powers Consumer Loyalty and Sales
Poshmark Founder Says ‘Focus on Community’ Powers Consumer Loyalty and Sales
August 03, 2023  |  Retail

In the age of digital commerce, consumers have long been searching for more intuitive ways to discover and purchase products. One notable challenge in this...

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Skyrocketing Pantry Item Costs Force Kraft Heinz’s to Raise Retail Prices
Skyrocketing Pantry Item Costs Force Kraft Heinz’s to Raise Retail Prices
August 02, 2023  |  Earnings

As many name-brand food companies work against inflation, The Kraft Heinz Company is seeing that the only way to protect its margins is to pass...

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