The tariff-induced spending splurge may have come to an end. In May, retail sales slipped 0.9%, adding to a revised 0.1% decline in April, according...
U.S. retail and food services sales saw a month-over-month decline of 0.9% in May after slipping 0.1% in April, the Census Bureau reported Tuesday (June...
Amazon says its annual Prime Day sale is doubling in size this summer. The retail giant announced Tuesday (June 17) that the event will stretch over four days...
For decades, credit cards have remained remarkably unchanged in their core functionalities: swipe, spend, earn points. But what was once revolutionary may have now reached...
Debit rewards programs had seemingly gone the way of the dodo. The Durbin Amendment, contained in the 2010 Dodd-Frank Act, capped fees on debit card...
American Express is readying what it says is its largest-ever investment in updating its cards. The company announced Monday (June 16) that it was planning a “refresh” to...
American travelers are reportedly delaying or scaling back their vacations in an uncertain economic climate. As the Financial Times (FT) reported Sunday (June 15), fewer...
There has been a moderate rebound in consumer sentiment, but overall, consumers’ attitudes are below pre-tariff levels. Preliminary June data from the University of Michigan...
The latest reading on inflation shows an overall easing in the pace of price increases. The data released Wednesday (June 11) from the Bureau of...