Klarna made its expected big splash on Wednesday (Sept. 10) with its New York Stock Exchange debut, raising roughly $1.37 billion at an IPO price...
Wells Fargo CEO Charlie Scharf said Wednesday (Sept. 10) that low-income consumers are “living on the edge.” Speaking with CNBC’s Squawk Box, Scharf said the...
It seems logical: The more income you have, the more you can control your financial life by strategically planning spending and saving and avoiding playing...
Consumers may be spending more of their retail dollars online, but the single biggest draw to brick-and-mortar stores isn’t groceries, clothes or electronics. It’s lipstick...
Spending by America’s Hispanic consumers is reportedly slowing amid tariff and immigration-related concerns. Consumption among these families barely increased during the year through June, Bloomberg...
The Federal Reserve’s latest Beige Book survey—a qualitative assessment of the economy, small business and consumer sentiment—indicated that caution is the rule of the day....
All eyes were on the latest Personal Consumption Expenditures data Friday (Aug. 29) as a read-across for when the Federal Reserve may cut interest rates....
Affirm notched new highs across several business lines in the June quarter, as buy now, pay later (BNPL) momentum continued online and in-store, underpinned by...
Best Buy saw quarterly sales creep up as consumers increased their tech spending. The electronics retailer released second-quarter earnings Thursday (Aug. 28) that showed sales growth of 1.6%,...