Consumer Spending

JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
January 15, 2025  |  Earnings

J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit...

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Joann Seeks Bankruptcy Protection for 2nd Time in Under a Year
Joann Seeks Bankruptcy Protection for 2nd Time in Under a Year
January 15, 2025  |  Retail

Crafts chain Joann is seeking bankruptcy protection for the second time in under a year. Saddled with declining sales, the company had $615.7 million in funded debt...

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CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
CFPB Calls for Further Research Into BNPL’s Impact on Financial Health
January 13, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...

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U. Mich: Consumers See Higher Inflation in 2025
U. Mich: Consumers See Higher Inflation in 2025
January 10, 2025  |  Consumer Insights

Consumers expect to see higher inflation in the year ahead and in the long run, according to preliminary results for the University of Michigan’s January...

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Will December’s Job Bounce Get Consumers to Keep Spending?
Will December’s Job Bounce Get Consumers to Keep Spending?
January 10, 2025  |  Economy

For the jobs market, this is the way the year ends — not with a whimper but a bang. Data released Friday (Jan. 10) by...

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Latest Inventory Data Offers Mixed Signals for Merchants
Latest Inventory Data Offers Mixed Signals for Merchants
January 09, 2025  |  Economy

The latest government data on inventories moving through the channels offered up mixed signals for merchants, particularly for nondiscretionary items — or at least that was...

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Doxo Debuts ‘All-in-One’ Solution to Streamline Consumer Bill Pay
Doxo Debuts ‘All-in-One’ Solution to Streamline Consumer Bill Pay
January 08, 2025  |  Consumer Payments

Bill payment service doxo launched a solution to make paying bills easier for consumers. DoxoBILLS, available in the United States via mobile and desktop, allows...

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As Hiring Stalls, Will Consumers Pull Back on Spending?
As Hiring Stalls, Will Consumers Pull Back on Spending?
January 07, 2025  |  Economy

Job openings were up in November, but so were layoffs, and the pace of quitting fell too … all of which, for November’s government data,...

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How Higher Grocery Prices Are Changing How Consumers Shop for Food
How Higher Grocery Prices Are Changing How Consumers Shop for Food
January 07, 2025  |  Retail

The planned but failed Kroger-Albertsons merger captured headlines in the grocery sector in 2024, and the latter is scheduled to announce its third-quarter results Wednesday...

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