Consumer Spending

Amex Plans Job Cuts, Sets AI Rules as Gen Z Spending Jumps 35%
Amex Plans Job Cuts, Sets AI Rules as Gen Z Spending Jumps 35%
October 23, 2026  |  Economy

American Express is cutting management layers and expanding artificial intelligence across customer service and commerce, with rules governing how outside agents reach customers’ accounts and...

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Procter & Gamble Sees Resilient Consumer Demand Despite Higher Commodity Costs
Procter & Gamble Sees Resilient Consumer Demand Despite Higher Commodity Costs
October 22, 2026  |  Earnings

Consumer packaged goods (CPG) company Procter & Gamble expects the costs of raw materials, energy and transportation to be higher throughout its fiscal year 2027,...

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Synchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High
Synchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High
October 20, 2026  |  Consumer Finance

Consumer financing company Synchrony saw record third-quarter purchase volume, with both discretionary and non-discretionary out-of-partner spend on its consumer co-branded cards growing by double digits,...

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Luxury Shoppers Put Their Money Where Their Feet Are
Luxury Shoppers Put Their Money Where Their Feet Are
October 17, 2026  |  Retail

A banana-shaped heel is an unusual place to look for evidence of consumer spending discipline. But in luxury retail, financial restraint can apparently come with...

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Equifax Equips Lenders With Mastercard Open Finance Insights
Equifax Equips Lenders With Mastercard Open Finance Insights
October 16, 2026  |  Consumer Finance

Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16)...

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U.S. Bancorp Says AI Agents Aren’t Moving Consumer Deposits Yet
U.S. Bancorp Says AI Agents Aren’t Moving Consumer Deposits Yet
October 15, 2026  |  Artificial Intelligence

U.S. Bancorp’s consumers continued to spend during the third quarter, even as the bank carried more card balances and saw an increase in early-stage card...

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Online Retail Spending Gains as Consumers Navigate Higher Prices
Online Retail Spending Gains as Consumers Navigate Higher Prices
October 15, 2026  |  eCommerce

Online retail kept taking consumer dollars in September, extending an annual growth rate that outpaced overall retail even as inflation reduced the purchasing power behind...

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Fed Finds Consumer Spending Holding as Confidence Slips
Fed Finds Consumer Spending Holding as Confidence Slips
October 14, 2026  |  Consumer Insights

Consumers have kept the economy moving without a boost in confidence about where it is headed. The Federal Reserve’s October Beige Book, released Wednesday (Oct....

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JPMorgan Card Spending Hits $539 Billion as Credit Improves
JPMorgan Card Spending Hits $539 Billion as Credit Improves
October 13, 2026  |  Earnings

JPMorganChase’s third quarter results showed consumers kept spending and borrowing during the quarter, while credit quality remains strong. Management also detailed Tuesday (Oct. 13) that...

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