The American economy is reopening for business and consumers are starting to head back toward their lives in the physical world. But shopping will likely see...
This week’s 17 percent bounce for retail sales was a welcome bit of good news. Unfortunately, it will not be sustainable nor does it indicate...
The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this...
Federal Reserve Chair Jerome Powell said Tuesday (June 16) that the economy under the pandemic has continued to cause pain to American citizens despite the appearance...
As consumers have been hit hard by the economic effects of the COVID-19 pandemic, card issuers have seen a sharp impact to their business. In...
With the COVID-19 pandemic underway, consumer prices fell last month, led by drops in prices for motor vehicle insurance, energy and apparel. Get the Full...
Consumer spending in the United States gradually increased last month as shoppers arose from lockdown. Mastercard figures indicated that retail sales in the U.S., outside...
April wasn’t a good month for consumer-credit use. According to the latest Federal Reserve data, U.S. consumer borrowing dropped 19.6 percent — its fastest decline...