Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime credit scores. Those consumers tend to be tied to a FICO score below 670, as defined by the major credit...
The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor Statistics. Two key areas of essential spending — food and shelter — saw yet another...
Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau of Labor Statistics on Wednesday (Nov. 13) — is a blip or something more. The data shows that prices were...
In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the higher margins that come from their own private-label brands. As name brands vie for attention, the stakes are rising, with...
December 11, 2024
The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor Statistics. Two key areas of essential spending — food and shelter — saw yet another boost to prices. Groceries were more expensive, month on month, […]
September 07, 2023
With the advent of remote work, limited time and the increasing demand for convenience, ready-to-eat meals have experienced a surge in popularity among consumers. Cost, too, was a key driving...
August 24, 2023
The ongoing cost-of-living crisis continues to affect consumers across the United States, and having higher incomes does not necessarily shield one from feeling the financial pinch. The ‘New Reality Check:...
June 03, 2024
The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider of data, analytics and insights for the global hospitality industry, and Tourism Economics, a provider of intelligence on the economy and the travel sector, in a Monday (June 3) press […]
February 18, 2024
European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies in the U.K., Switzerland and...
December 12, 2018
France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit central Paris. According to Reuters, President...
August 13, 2018
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up...
