inflation

Tinder Sees Subscriptions Drop as Consumers Pull Back Amid Financial Challenges  
Tinder Sees Subscriptions Drop as Consumers Pull Back Amid Financial Challenges  
January 31, 2024  |  Earnings

Tinder is seeing its subscriber counts drop, as ongoing financial challenges put pressure on consumers’ budgets for nonessential services. Online dating giant Match Group shared...

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Demand for Security Solutions Boosts Mastercard’s Value-Added Services Revenues 17%
Demand for Security Solutions Boosts Mastercard’s Value-Added Services Revenues 17%
January 31, 2024  |  Earnings

For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient. And as management noted in a press...

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Private Sector Hiring and Pay Increases Slow in January
Private Sector Hiring and Pay Increases Slow in January
January 31, 2024  |  Economy

Hiring and pay increases in the private sector slowed in January. The private sector added 107,000 jobs during the month, and annual pay increased by...

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Just One-Tenth of Savings Are Stored in Financial Assets
Just One-Tenth of Savings Are Stored in Financial Assets
January 30, 2024  |  Consumer Finance

In times of economic turbulence such as these, investing in interest-bearing financial assets is one way to mitigate the effects of inflation. Although U.S. consumers...

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Venus et Fleur Pitches Flowers as Valentine’s Day Investments 
Venus et Fleur Pitches Flowers as Valentine’s Day Investments 
January 27, 2024  |  Retail

Valentine’s Day has long been associated with the exchange of thoughtful gifts, and few tokens of affection are as iconic as a bouquet of flowers....

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Headline Inflation Cools, But Food Prices Still Climbed in December
Headline Inflation Cools, But Food Prices Still Climbed in December
January 26, 2024  |  Economy

Taken as a whole, the Commerce Department’s latest reading on inflation shows a dip below a key psychological level.  The Personal Consumption Index, as released Friday...

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GDP Increased 3.1% in 2023 as Consumers Kept Spending
GDP Increased 3.1% in 2023 as Consumers Kept Spending
January 25, 2024  |  Economy

America’s economy grew 3.1% in 2023 amid continued consumer spending on vehicles and electronics. That’s according to figures released Thursday (Jan. 25) by the Commerce Department,...

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Disposable Income Rises in Q4, but Will Consumers Keep Spending?
Disposable Income Rises in Q4, but Will Consumers Keep Spending?
January 25, 2024  |  Economy

Headline numbers reveal that the United States economy keeps growing, outpacing expectations. Although the pace of growth has been tempered a bit, there are some...

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Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
January 19, 2024  |  Retail

As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their...

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