Consumer Spending

US Economic Growth In 4Q Not As Bad As Expected

US Economic Growth In 4Q Not As Bad As Expected
US Economic Growth In 4Q Not As Bad As Expected
February 28, 2019  |  Economy

With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent during the last...

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Picking Up The Pace Of Payments To Stay Competitive
Picking Up The Pace Of Payments To Stay Competitive
February 28, 2019  |  Today In Data

Consumers have been trained – by Venmo and other P2P payments providers in the U.S. and around the world – to expect to be able...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Walmart Grows eCommerce By 43 Pct In Q4
Walmart Grows eCommerce By 43 Pct In Q4
February 20, 2019  |  Earnings

Things have warmed up for Walmart over the winter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Deep Dive: Clothing Rental Services Hit The Subscription Runway
Deep Dive: Clothing Rental Services Hit The Subscription Runway
February 19, 2019  |  Subscriptions

Virtual fashion companies like Le Tote and Rent the Runway allow consumers to try clothes before they buy them, sparing them from having to return...

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In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Legal & Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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Could Online Intermediaries Control The Physical Point Of Sale?
Could Online Intermediaries Control The Physical Point Of Sale?
February 11, 2019  |  Payments Innovation

The year is 2039. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Record Retail Spending Expected This Valentine’s Day
Record Retail Spending Expected This Valentine’s Day
February 08, 2019  |  Retail

A recent survey showed that retailers are going to get some love on Valentine’s Day, according to reports. Get the Full Story Complete the form...

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