inflation

Biden to Corporations: ‘Give the American Consumer a Break’
Biden to Corporations: ‘Give the American Consumer a Break’
November 28, 2023  |  Economy

President Joe Biden has warned corporations to bring down what he says are inflated prices. “Any corporation that has not brought their prices back down, even...

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From Slump to Surge, Ads and Influencers Revive Black Friday
From Slump to Surge, Ads and Influencers Revive Black Friday
November 27, 2023  |  Retail

Despite the price hikes that threatened the Black Friday spirit, 2023 saw shoppers rising to the occasion with a 10% surge in participation compared to...

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AI Helps Reshape Young Consumers’ Attitude Toward Credit
AI Helps Reshape Young Consumers’ Attitude Toward Credit
November 24, 2023  |  Credit Cards

In today’s economic landscape, steep interest rates and increased borrowing costs have made accessing credit more challenging. This economic reality is causing heightened concern among...

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Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
November 23, 2023  |  Consumer Finance

In today’s challenging economic climate, many consumers find themselves living paycheck to paycheck and struggling to make ends meet. This is why a significant number...

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Nordstrom’s Off-Price Destination Falls Short on Value
Nordstrom’s Off-Price Destination Falls Short on Value
November 22, 2023  |  Retail

Nordstrom, once known for its opulent runway and exceptional service, is increasingly delving deeper into substantial discounts to navigate financial challenges. But is it working?...

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Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
November 22, 2023  |  Economy

Perception is reality, goes the old saying. And the perception right now is that inflation is a staple of everyday life, that no one should...

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Unemployment Claims Fall Even as Labor Market Cools
Unemployment Claims Fall Even as Labor Market Cools
November 22, 2023  |  Economy

Initial U.S. unemployment claims last week saw the largest drop since June. That’s according to figures released Wednesday (Nov. 22) by the Labor Department, showing initial claims for...

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November BNPL Spending Set to Soar to Record $9.3 Billion
November BNPL Spending Set to Soar to Record $9.3 Billion
November 22, 2023  |  BNPL

Buy now, pay later (BNPL) continues to grow in the payment space, and its impact on consumer finances is even more important. Not only are...

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4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
November 20, 2023  |  Consumer Finance

Consumers are a resourceful lot and will do what they must to make ends meet, even if it means splitting up the weekly grocery bill...

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