Consumer Spending

US New Home Sales Drop 3.5 Pct In September From Previous Month
US New Home Sales Drop 3.5 Pct In September From Previous Month
October 26, 2020  |  Real Estate

The number of new homes sold in the U.S. in September was lower than the number sold in August, according to a joint report by...

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Merchants, FIs Have Designs On New Retail Payments Experiences
Merchants, FIs Have Designs On New Retail Payments Experiences
October 26, 2020  |  Consumer Payments

A return of physical retail in a recognizable form depends on how people feel. At present there’s a guarded optimism going around, but it’s delicate...

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Reliance Says It Can Move Ahead With $3.4B Deal
Reliance Says It Can Move Ahead With $3.4B Deal
October 25, 2020  |  Partnerships / Acquisitions

Reliance, the global Mumbai-headquartered conglomerate specializing in everything from retail to telecommunications, will move ahead with a $3.4 billion deal with Future Group in spite...

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American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
October 23, 2020  |  Earnings

American Express posted Q3 results Friday (Oct. 23) that showed a rebound in spending across consumer and commercial segments from lows seen in the spring...

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Why Toys Are Making A 2020 Comeback
Why Toys Are Making A 2020 Comeback
October 23, 2020  |  Retail

It’s been a good year to be in the business of selling toys, a fact demonstrated by Mattel’s recent earnings release showing a surprising jump...

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American Express Posts Mixed Q3 Earnings
American Express Posts Mixed Q3 Earnings
October 23, 2020  |  Earnings

American Express reported third-quarter earnings of $1.30 a share, missing Wall Street estimates of $1.34, but revenue beat forecasts of $8.66 billion, coming in at...

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Apple Pay At 6: Pandemic Spike Shows Life In Mobile Wallets
Apple Pay At 6: Pandemic Spike Shows Life In Mobile Wallets
October 23, 2020  |  Mobile Wallets

Apple has been manufacturing its own luck since the dawn of the 21st century, with iPods, a multitude of MacBooks, iPads, wearables and seemingly ubiquitous...

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Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
October 23, 2020  |  Earnings

Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic....

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Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?
Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?
October 22, 2020  |  Real Estate

Home buying is up — at a heady pace, for the fourth straight month. Get the Full Story Complete the form to unlock this article...

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