inflation

Inflation Hasn’t Silenced Call of Open Road, RV Industry Says
Inflation Hasn’t Silenced Call of Open Road, RV Industry Says
July 01, 2022  |  Transportation

The rising cost of fuel and almost everything else hasn’t dampened consumers’ enthusiasm for using their recreational vehicles (RVs) and other equipment for outdoor activities...

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Aussie BNPL Firm Openpay Bails on the US
Aussie BNPL Firm Openpay Bails on the US
July 01, 2022  |  BNPL

Australian buy now, pay later (BNPL) firm Openpay Group is pulling out of the U.S. after only a few months in the country, Reuters reported...

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As Tech Stocks Fall, Startups Find VCs Setting Much Stricter Terms
As Tech Stocks Fall, Startups Find VCs Setting Much Stricter Terms
June 30, 2022  |  Investments

With the economic climate turning chilly and tech stocks tumbling, venture capitalists have begun presenting starts with much tougher terms. That’s according to a Thursday...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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Inflation Concerns Drive Down Consumer Confidence Index
Inflation Concerns Drive Down Consumer Confidence Index
June 28, 2022  |  Economy

The Consumer Confidence Index hit its lowest level since February 2021, falling to 98.7, a report from the Confidence Board said Tuesday (June 28). The...

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Amazon Follows Grocery Loyalty Trend, Extends Prime Benefits to Fresh
Amazon Follows Grocery Loyalty Trend, Extends Prime Benefits to Fresh
June 28, 2022  |  Subscription Commerce

As grocers look to secure consumers’ loyalty in the face of steep competition, many are leveraging membership and subscription offerings to build deeper relationships with...

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BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
June 28, 2022  |  BNPL

When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail...

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US Retail Inventories Reach 7-Month Low
US Retail Inventories Reach 7-Month Low
June 28, 2022  |  Retail

American retail inventories rose 17.3% between May 2021 and May 2022, the Census Bureau reported Tuesday (June 28). The report shows inventories of $705.3 billion,...

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Durable Goods Report Shows Consumer Spending Holding Up Under Strain
Durable Goods Report Shows Consumer Spending Holding Up Under Strain
June 27, 2022  |  Economy

Durable goods are proving … well, durable. Even with inflation running red hot. And that means that businesses anticipate the consumers are going to keep...

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