Consumer Spending

Whole Paycheck: Walmart Chases A FinTech Future As More Touchless Amazon Go Stores Roll Out
Whole Paycheck: Walmart Chases A FinTech Future As More Touchless Amazon Go Stores Roll Out
March 05, 2021  |  Walmart Amazon whole paycheck

With the fourth-quarter earnings season safely behind them, the country’s top two retailers have gone back to executing the plans they just updated. The battle...

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Spring Break Travel Dips To 12 Percent Of Americans
Spring Break Travel Dips To 12 Percent Of Americans
March 04, 2021  |  Travel Payments

The spring break season, usually a major U.S. travel period for college students, now looks desolate as the pandemic continues, with only around one in...

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Snapcommerce Grabs $85 Million For AI-Driven Mobile Commerce
Snapcommerce Grabs $85 Million For AI-Driven Mobile Commerce
March 04, 2021  |  Mobile Commerce

Snapcommerce, the message-driven mobile commerce platform for the price-conscious, has come off a funding round with $85 million, a press release says. Get the Full...

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Will Grocers Retain Their Share Of Food Spending Post-Pandemic?
Will Grocers Retain Their Share Of Food Spending Post-Pandemic?
March 03, 2021  |  Retail

For a long time, it seemed that restaurants’ growing share of the market could not be stopped, with younger consumers even more likely than their...

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Lyft Revises Forecast; Sees Increase In Ridesharing
Lyft Revises Forecast; Sees Increase In Ridesharing
March 03, 2021  |  Earnings

Lyft reported a sooner-than-expected recovery with one of its best weeks since the pandemic started, according to CNBC. Get the Full Story Complete the form...

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EU May Face Recession As Employment, Retail Numbers Stay Weak
EU May Face Recession As Employment, Retail Numbers Stay Weak
March 02, 2021  |  Europe

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial...

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Stimulus Update: House Passes $1.9 Trillion Package; Now Goes To Senate
Stimulus Update: House Passes $1.9 Trillion Package; Now Goes To Senate
February 28, 2021  |  Coronavirus

The U.S. House passed President Joe Biden’s COVID-19 pandemic relief bill, which will allot $1.9 trillion to various pandemic-related remedies like stimulus checks, unemployment and...

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Stimulus Checks Fuel January Personal Income Spike
Stimulus Checks Fuel January Personal Income Spike
February 26, 2021  |  Economy

Stimulus checks did their job in January. The Commerce Department released its personal income report Friday (Feb. 26) showing an expected 10 percent spike as...

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Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

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