The increase in U.S. consumer credit in August was smaller than experts’ expectations, Seeking Alpha reported. 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...
U.S. consumer spending is still going strong despite the delta variant’s prominence, according to executives from J.P. Morgan and Wells Fargo, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The past 18 months have led to a whirlwind of change in nearly every facet of life, but as the dust settles, consumers are adjusting to a “new-new normal” and trying to move forward. Get the Full Story Complete the form to unlock this article...
A leading measure of U.S. consumer sentiment is at a 10-year low, the University of Michigan, which assembles the data, reported in a preliminary release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The hamburger is not the monolith it once was, and Fourth of July weekend cookouts are getting more varied. There was a time when, with a few exceptions, one could basically throw a beef patty on the grill for everyone, and the only questions that...
Senior citizens, a demographic whose spending was significantly curtailed by the pandemic, are expected to spend substantially across a number of sectors as COVID-19 restrictions and fears reside, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
J.P. Morgan credit card customers have spent 17 percent more year-to-date as compared to the same time in 2019, Reuters reported, quoting bank co-president Gordon Smith. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Are we heading into the roaring 20s, version 2.0? The questioning has been circulating since the earliest days of the pandemic, floated by a blogger last April as the most likely conclusion to this miserable pandemic period. The people were going to get back out there,...
March 2020. It started with the first death from COVID-19 and political news from the Democratic primaries. It ended with the country in complete lockdown, New York City hospitals overrun with coronavirus patients and consumers hoarding necessities as the mysterious global pandemic took hold. Get...