Shares of Block fell more than 20% Friday (May 2), as slowing growth has prompted management to issue cautious guidance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For several consumer-facing companies, the best thing that can be said is that households are cautious, or rather outright fearful, with tariffs as the catalyst. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumer sentiment continues to be buffeted by tariffs and worries about inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
As earnings season kicked off last week, JPMorgan’s CFO Jeremy Barnum said on the conference call with analysts that consumers had been front-loading their spending ahead of anticipated price increases from tariffs. Get the Full Story Complete the form to unlock this article and enjoy...
As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer spending patterns are changing. But know this: When the economy seems uncertain, consumers still get...
If consumer spending forms the foundation of the American economy, tariffs could represent an earthquake. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The latest data on consumer borrowing indicates that households pared back on debt — overall — in February amid headlines and uncertainty about tariffs. Spending on credit cards inched up, at an anemic pace. Get the Full Story Complete the form to unlock this article...
In recent years, the narrative of financial insecurity has predominantly centered on middle and lower-income groups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Flexibility is the best weapon against uncertainty, especially during times of economic uncertainty. We pivot in the face of inflation, adjust our discretionary spending, trade down or make trade-offs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
