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Millions of consumers paid down their credit card balances during the pandemic. Let’s keep this trend going.
The New York Fed reported that total credit card balances declined by $49 billion. It was the second-largest quarterly decline in the history of the data, which originated in 1999......»»
Millions of consumers paid down their credit card balances during the pandemic. Let’s keep this trend going.
The New York Fed reported that total credit card balances declined by $49 billion. It was the second-largest quarterly decline in the history of the data, which originated in 1999......»»
US jobless claims decline to a new pandemic low; many states cutting benefits but Pritzker opposes move
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and bus.....»»
US jobless claims decline to a new pandemic low as states move to cut benefits
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and bus.....»»
NerdWallet: The pandemic boosted a trend in no-exam life insurance
As consumers look for noninvasive ways to buy policies, insurers have turned to a process that uses algorithms, not exams, to evaluate applicants......»»
With pandemic-weary consumers ready to spend, ‘the roaring 20s and celebratory times ahead may be very real’
Between rising vaccination rates, easing COVID-19 restrictions and a new round of stimulus payments landing in consumers’ bank accounts, economists say people fortunate enough to make it through the pandemic with finances intact are poised to spl.....»»
Food Roundup: Cheese crisis hits consumers
While supply chains are getting back to normal, one product is still affected by the pandemic: cheese. First, there's feta cheese. Grocery chains are reporting a shortage of blocks of feta cheese because of a TikTok trend of making a pasta dish usi.....»»
With vaccinations underway, the economy needs consumers to spend again. But don’t, if you have debt.
As more people get vaccinated many may end up doing some "revenge spending.".....»»
With vaccinations underway, the economy needs consumers to spend again. But don’t, if you have debt.
As more people get vaccinated many may end up doing some "revenge spending.".....»»
With vaccinations underway, the economy needs consumers to spend again. But don’t overdo it.
As more people get vaccinated many may end up doing some "revenge spending.".....»»
With vaccinations underway, the economy needs consumers to spend again. But don’t overdo it.
As more people get vaccinated many may end up doing some "revenge spending.".....»»
Consumers are looking for exciting products and new experiences in 2021 - here"s how brands can innovate to meet the demand
Shoppers want to expand beyond the staples and are especially following a "trend toward kindness," says Paul Earle of the Kellogg School. Brands should prepare for .....»»
Autotrader: Prepare to spend more on gas this year
Drivers spent nearly $100 billion less on fuel in 2020 than they did the year before, but don't expect the trend to continue......»»
As more consumers shop online, the need for fast, secure, and convenient payments is more important than ever before. Here"s what Visa is doing to help.
10'000 Hours/Getty Images Long before the effects of COVID-19 accelerated a global shift to digital for consumers and merchants, consumer spend was rapidly evolving from physical .....»»
After Coronavirus, Entertainment Will Never Be the Same
The pandemic is revealing pressure points across the industry as consumers are left with more time than money to spend on content......»»
How the virus transformed the way Americans spend their money
"This is the sharpest decline in consumer spending that we have ever seen,†says one economist. Here’s a look at where American consumers are cutting back......»»
Weekly jobless claims rise more than expected
The number of Americans filing for unemployment benefits increased more than expected last week, but the underlying trend remained consistent with solid labor market conditions......»»
Housing market strength underpins Home Depot"s holiday-quarter results
Home Depot Inc benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home improvement chain beat sales and profit estimates......»»
Confident consumers lift US retail sales in December
U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays......»»
Sustainability sells: Why consumers and clothing brands alike are turning to sustainability as a guiding light
Reformation Sustainability is becoming a big trend in the packaged goods and fashion industry as environmental concerns are increasingly top of mind for consumers. .....»»