inflation

Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
September 10, 2024  |  Earnings

As Burlington Stores CEO Michael O’Sullivan discussed the company’s strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
September 03, 2024  |  Retail

In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed...

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Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
September 02, 2024  |  Economy

The reality is that inflation is cooling. But perception, as they say, is reality. As captured in a PYMNTS Intelligence report in August, the reality...

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Business Equipment Orders Fall Amid Election/Inflation Uncertainty
Business Equipment Orders Fall Amid Election/Inflation Uncertainty
August 26, 2024  |  Economy

U.S. companies ordered less business equipment last month, new government data shows.  Figures released Monday (Aug. 26) by the Commerce Department show that the value...

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FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
August 25, 2024  |  Regulation

The Biden administration’s anti-junk-fee campaign is targeting the restaurant sector. But as CNBC reported Sunday (Aug. 25), restaurateurs are trying to avoid this fight. The...

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Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
August 22, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market...

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Atlanta Fed: Firms’ Year-Ahead Inflation Expectations ‘Relatively Unchanged’ at 2.2%
Atlanta Fed: Firms’ Year-Ahead Inflation Expectations ‘Relatively Unchanged’ at 2.2%
August 21, 2024  |  Economy

Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday...

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U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
August 16, 2024  |  Economy

Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging...

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