The U.S. middle class is making income gains and earning more than ever, but much of the commerce designed to appeal to those consumers —...
U.S. economic growth in the second quarter had its strongest performance in nearly four years, but there are signs that momentum is slowing down a...
It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial...
Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies...
With U.S. tariffs on imports from China, an industry association leader has said that American shoppers will be faced with higher prices for purchases. American...
Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. As noted by CNBC...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news about faster chip card transactions, along...
Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. According to Reuters, Third Point...
American’s increased the amount of money they borrowed in the second quarter, with consumer borrowing reaching $13.29 trillion during the quarter ending in June. Reuters, citing...