Consumer Spending

Fed Holds Line on Rate Hikes, But Concerns Linger
Fed Holds Line on Rate Hikes, But Concerns Linger
August 02, 2017  |  Economy

Last Wednesday, at its most recent meeting, the Federal Reserve held back on raising interest rates.  The move, or in this case, non-move, had been...

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GDP Growth Rebounds in 2Q, Consumer Spending Up  
GDP Growth Rebounds in 2Q, Consumer Spending Up  
July 28, 2017  |  Economy

Looks like the United States economy may be picking up steam. Numbers from the Commerce Department on Friday showed that gross domestic product gathered momentum...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Report Finds Back-To-School Shopping Starting Earlier, Lasting Longer
Report Finds Back-To-School Shopping Starting Earlier, Lasting Longer
July 11, 2017  |  Consumer Finance

A new report from The NPD Group has revealed that when it comes to back-to-school shopping, consumer spending has become less consistent and predictable in...

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New Trade Association U.K. Finance Has Been Formed
New Trade Association U.K. Finance Has Been Formed
July 04, 2017  |  Banking

The U.K. Finance, a new trade association, announced Monday (July 3) it was formed on July 1 to represent the finance and banking industry in...

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How Porch Pirates Subtly Steer E-commerce
How Porch Pirates Subtly Steer E-commerce
June 22, 2017  |  eCommerce

While we tend to associate high-tech fraud with eCommerce thieves, as it turns out, it’s a big ecosystem with room enough for good old-fashioned, smash-and-grab...

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Banking On Socially Conscious Consumers
Banking On Socially Conscious Consumers
June 22, 2017  |  Digital Banking

Spend smartly and carry a big social impact. For the June Digital Banking Tracker™, PYMNTS speaks with Andrei Cherny, CEO of digital financial firm Aspiration,...

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This Is Brexit? First U.K. Consumer Spending Drop In Four Years
This Is Brexit? First U.K. Consumer Spending Drop In Four Years
June 13, 2017  |  International

The pound has been on a downward spiral since the Brexit referendum, and that inflation is reflected in lack of consumer spending. In May, the...

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