Consumer Spending

‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy

‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
October 11, 2023  |  Financial Inclusion

The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. Get the Full Story Complete the form...

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Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
October 11, 2023  |  Travel Payments

Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended...

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LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
October 11, 2023  |  Consumer Finance

The holidays are firmly in sight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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PepsiCo: Budget-Conscious Consumers Buy Name-Brand Products in Smaller Amounts
PepsiCo: Budget-Conscious Consumers Buy Name-Brand Products in Smaller Amounts
October 10, 2023  |  Earnings

Rather than trading down to lower-priced brands, many shoppers are buying the same name-brand products in smaller amounts, according to PepsiCo. Get the Full Story...

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Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
October 10, 2023  |  Economy

Walmart’s former U.S. CEO says consumers are facing pressures they haven’t felt in years. Get the Full Story Complete the form to unlock this article and...

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Container Shipping Rates Drop 90% Since Early 2022
Container Shipping Rates Drop 90% Since Early 2022
October 09, 2023  |  Shipping

Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. Get...

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Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
October 09, 2023  |  Credit Cards

Store credit cards — the closed-looped offerings tied to certain merchants — may signal tougher times ahead. Get the Full Story Complete the form to...

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Why Consumers Don’t Care About Monthly CPI – and Why it Matters
Why Consumers Don’t Care About Monthly CPI – and Why it Matters
October 09, 2023  |  Consumer Insights

No one really knows the origin of the phrase “seeing is believing.” The Oxford Dictionary traces its English language roots to 1609. Others say that...

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Older Americans Help Drive Consumer Spending Power
Older Americans Help Drive Consumer Spending Power
October 08, 2023  |  Consumer Insights

America has the highest percentage of older people in at least a century. Get the Full Story Complete the form to unlock this article and...

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