Americans are feeling more optimistic about the economy and their job prospects. The U.S. personal savings rate as a percentage of disposable income was down for July compared to March. This news has retailers excited at the prospect of a busy holiday season with sales...
JPMorgan is raining on Apple’s parade. Reports by the major carriers of huge pre-orders for the new iPhone 7 and iPhone 7 Plus and increased sales volumes are a result of aggressive promotions and are not higher than expected, according to JPMorgan Analyst Rod Hall....
Teenagers are online almost constantly and tend to prioritize experiences. A study by Pew Research Center found that Instagram is the favorite app among teens because they can share pictures of their “experiences” with their friends. Get the Full Story Complete the form to unlock...
There were more questions than answers in the news last week. 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...
ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Matthew Shay, president and CEO of the NRF, cited easing wage stagnation, increasing employment and consumer confidence as factors influencing eCommerce growth. Earlier projections had predicted slower...
A new consumer survey by Rubicon Project showed that spending this holiday season has started early, with many shoppers opening their wallets before Labor Day. Total spending is also expected to jump, with millennials and parents leading the way. The results show that the majority of those...
The threat of a cyberattack or cyberextortion is unabating, particularly among the younger generation. Young adults between the ages of 18 and 24 seem to be the most likely victims of cyberattacks, according to a survey by Zogby Analytics for Hartford Steam Boiler Inspection and...
EMV adoption is well on its way one year after the introduction of chip-enabled cards, and more adopters will jump on for the ride following Mastercard’s press release on Sept. 12. Mastercard reports that banks, consumers and merchants are all experiencing a positive impact and...
A whirlwind tour around the finance globe offers some interesting news and statistics. Trade finance showed the biggest drop in the finance world for the first half of 2016. The glut in trade finance was attributed to declining commodities volume and market volatility. Get the...
