Consumer Spending

US Economic Growth In 4Q Not As Bad As Expected
US Economic Growth In 4Q Not As Bad As Expected
February 28, 2019  |  Economy

With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent during the last...

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Picking Up The Pace Of Payments To Stay Competitive
Picking Up The Pace Of Payments To Stay Competitive
February 28, 2019  |  Today In Data

Consumers have been trained – by Venmo and other P2P payments providers in the U.S. and around the world – to expect to be able...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Walmart Grows eCommerce By 43 Pct In Q4
Walmart Grows eCommerce By 43 Pct In Q4
February 20, 2019  |  Earnings

Things have warmed up for Walmart over the winter. The retail landscape had been littered with disappointing earnings reports, worries over the impact of a...

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Deep Dive: Clothing Rental Services Hit The Subscription Runway
Deep Dive: Clothing Rental Services Hit The Subscription Runway
February 19, 2019  |  Subscription Commerce

Virtual fashion companies like Le Tote and Rent the Runway allow consumers to try clothes before they buy them, sparing them from having to return...

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In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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Could Online Intermediaries Control The Physical Point Of Sale?
Could Online Intermediaries Control The Physical Point Of Sale?
February 11, 2019  |  Payments Innovation

The year is 2039. The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with...

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Record Retail Spending Expected This Valentine’s Day
Record Retail Spending Expected This Valentine’s Day
February 08, 2019  |  Retail

A recent survey showed that retailers are going to get some love on Valentine’s Day, according to reports. The annual survey by the National Retail...

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Mastercard Earnings To Shed Light On Consumer Spend, X-Border Payments
Mastercard Earnings To Shed Light On Consumer Spend, X-Border Payments
January 30, 2019  |  Earnings

Investors, analysts and industry observers will parse Mastercard results on the heels of the payment giant’s earnings release Thursday morning to gain insight into the...

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