Today in data, with inflation at its highest rate last month since 1981, a majority of U.S. adults — 154 million people — reported they stick to necessities when shopping, buying food, gas and healthcare products but little else. Data: 235,000: The minimum family income...
Today in data, small- to medium-sized businesses (SMBs) are the backbone of the U.S., and it’s no surprise that Latin American companies are becoming the same in that region. In Colombia, for example, 60% of the 5 million SMBs struggle to get access to financial...
Today in data, online fraud continues to be a growing problem, with 81% of global organizations seeing increasing cyberthreats and 79% experiencing downtime because of an incident that hit during a peak time. While new strategies to stop fraudsters are evolving, nine in 10 consumers...
Today in data, there’s nothing like fun to increase consumer engagement online. An 11-nation study found that 61% of respondents go online to have fun. The same study found that having fun ranked in the top engagement activities with video streaming earning the top spot....
Today in data, the number of Amazon Prime subscribers dwarfs other retail membership programs by more than a 2-to-1 margin, this at a time when U.K. consumers just scaled back on streaming services in the first quarter. Data 166M: Amazon Prime members, double the number each...
Today in data, car prices are expected to remain high throughout 2022 as inventory levels are anticipated to be low because of supply chain hang-ups. Plus, companies are rethinking their office designs as more people return from their work-from-home routines of the past couple years,...
Today in data, the latest U.S. Department of Commerce report shows that eCommerce dipped 6.4% in March, but Amazon’s reported plans to add more benefits to Prime memberships means there’s no end in sight to digital shopping. Also, FirstCry is expected to take its baby-focused...
Today in data, Ark Invest sells its PayPal stake because it believes in Cash App’s cryptocurrency-focused future. Plus, Ethereum Foundation developer Virgil Griffith gets a 63-month prison sentence and $100,000 fine for helping North Korea avoid cryptocurrency sanctions, and Mercuryo and Volt partner on cryptocurrency-based...
Today in data, retailers are hoping inflation has peaked. Also, inflation continued to climb in February, and the Main Street Index shows more increases but a few areas that are struggling to recover from the COVID-19 pandemic. Data 8.5%; 6.5%: Inflation increase in February 2022,...