inflation

London-Based FinTech Nous Grabs $9M to Lessen Cost-of-Living Crunch
London-Based FinTech Nous Grabs $9M to Lessen Cost-of-Living Crunch
February 18, 2022  |  Investments

London-based FinTech Nous on Friday (Feb. 18) closed a 7.9 million euros ($8.9 million) fundraising round that will expand its service offering to help more...

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Walmart Parlays Consumer Price Concerns Into Grocery Share Gains
Walmart Parlays Consumer Price Concerns Into Grocery Share Gains
February 17, 2022  |  Walmart

Building on its strategy from recent quarters, Walmart continues to leverage its scale to offer lower prices than competitors, using food inflation as a tailwind...

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Visa: Omicron’s Spending Impact Less Than Past Variants
Visa: Omicron’s Spending Impact Less Than Past Variants
February 10, 2022  |  Economy

COVID-19’s omicron variant had less of an impact on U.S. spending than previous stages of the outbreak. That’s according to the latest edition of Visa’s...

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Inflation Reaches 7.5%, Breaking 40-Year Record
Inflation Reaches 7.5%, Breaking 40-Year Record
February 10, 2022  |  Economy

Consumer prices rose 7.5% over the past year, the highest rate of inflation since 1982, according to figures released Thursday (Feb. 10) by the U.S....

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SMB Confidence Drops Amid Inflation, Supply Chain Issues
SMB Confidence Drops Amid Inflation, Supply Chain Issues
February 08, 2022  |  SMBs

American small business owners feel less confident about the country’s economy amid ongoing inflation and supply chain shortages, according to a survey from the National...

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Consumers Facing “Airline Pricing” On Everyday Items
Consumers Facing “Airline Pricing” On Everyday Items
February 04, 2022  |  Retail

Rising labor, shipping and production costs — coupled with ongoing COVID-19-related shortages — have led retailers to raise prices on everyday items, often multiple times...

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Today in FinTech: UK Neobank Opens in US; India’s Pine Labs Eyes Setu
Today in FinTech: UK Neobank Opens in US; India’s Pine Labs Eyes Setu
February 02, 2022  |  Connected Economy

In today’s FinTech news, acquisitions take the spotlight as Pine Labs eyes Setu in India and Northmill buys Moreflo to help merchants deliver a better...

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FinTech Upgrade Launches Product to Help Shoppers Reduce Inflation’s Sting
FinTech Upgrade Launches Product to Help Shoppers Reduce Inflation’s Sting
February 02, 2022  |  Credit Cards

FinTech Upgrade, offering consumer credit, mobile banking and payment products, is launching a new solution to help customers reduce the sting of inflation. “Consumer prices...

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Higher Labor Costs Loom as 2022 Challenge for Main Street SMBs 
Higher Labor Costs Loom as 2022 Challenge for Main Street SMBs 
January 28, 2022  |  SMBs

Inflation is everywhere. For smaller businesses, the ones that make up the backbone of the U.S. economy, the balancing act of managing increased costs and...

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