October 30, 2023
1 in 5 Consumers Cite Job Loss as Reason for...
Despite a decline in inflation rates, living paycheck to paycheck remains the predominant lifestyle for a significant portion of Americans. This financial tightrope is not limited to those with lower incomes; it extends its...
October 30, 2023
EU to Make Decision on Amazon’s iRobot Acquisition by Valentine’s...
European Union (EU) antitrust regulators have set a new deadline for their decision regarding Amazon’s proposed $1.4 billion acquisition of iRobot, a well-known robot vacuum maker. According to sources cited...
October 30, 2023
Nayax to Acquire POS Software Form Retail Pro International
Nayax, a global commerce enablement payments and loyalty platform, has entered into a definitive agreement to acquire retail point of sale (POS) software firm Retail Pro International. This acquisition will significantly...
October 30, 2023
New Reality Check: The Paycheck-to-Paycheck Report – October 2023
New Reality Check: The Paycheck-to-Paycheck Report – October 2023
October 30, 2023
Consumers Deplete Two-Thirds of Their Savings Every Four Years
Living paycheck to paycheck continues to be the predominant financial lifestyle in the United States. As of September 2023, 62% of consumers live paycheck to paycheck, with 22% struggling to...
October 29, 2023
Fed Weighs Future Rates Hikes as Consumer Spending Persists
Just how resilient is the American consumer? It’s a key question facing the Federal Reserve. As Bloomberg News reported Sunday (Oct. 29), officials from the U.S. central bank will hold a two-day policy...
October 27, 2023
For Sam Bankman-Fried, Pointing Fingers Never Goes Out of Style
Four of Sam Bankman-Fried’s closest friends have testified against him in his criminal trial. Over the better part of four weeks, U.S. prosecutors have brought out witness after witness describing the various...
October 27, 2023
Twinco Capital and BBVA Spark Join Forces on Trade Finance
Supply chain FinTech company Twinco Capital has secured an additional 50 million euro ($53 million) facility with BBVA Spark, a banking unit for high-growth and innovative companies, to help small- to...
October 27, 2023
Disposable Personal Income Growth Lags Pace of Inflation
Inflation is strong. Consumer spending is strong. Disposable income growth isn’t keeping pace. And personal saving as a percentage of disposable income is declining. To that end, data released by...