Consumer Spending

Millennials and Gen Z Consumers Boost Amex Card Spend in Q3

Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
October 18, 2024  |  Earnings

For American Express, as has been a longstanding trend, it’s the younger consumers, cards in hand, who are boosting results. Get the Full Story Complete...

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Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
October 18, 2024  |  Earnings

Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1%...

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Walmart and Amazon Race to Address Consumer Price Anxiety
Walmart and Amazon Race to Address Consumer Price Anxiety
October 18, 2024  |  Retail

Retail giants Walmart and Amazon are reacting to consumers’ anxieties about holiday spending by rolling out more deals earlier. Get the Full Story Complete the...

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Discover CFO: Cautious Consumers Cause Slide in Card Volume
Discover CFO: Cautious Consumers Cause Slide in Card Volume
October 17, 2024  |  Earnings

Discover Financial Service’s third-quarter earnings results offered evidence that an acquisition by Capital One is on track. Get the Full Story Complete the form to...

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Fannie Mae Upgrades Outlook on US Economy
Fannie Mae Upgrades Outlook on US Economy
October 17, 2024  |  Economy

America’s economy is in a better place than previously thought, new Fannie Mae research shows. Get the Full Story Complete the form to unlock this article and...

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Back-to-School Shopping Drives Consumer Spending Surge in September
Back-to-School Shopping Drives Consumer Spending Surge in September
October 17, 2024  |  Economy

September’s retail sales data showed a (slight) acceleration of spending from August, though we’re well off past peaks. Get the Full Story Complete the form...

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Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
October 15, 2024  |  Earnings

Citigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in the past few days: Get the Full Story Complete the...

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Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
October 15, 2024  |  Earnings

Interest rate cuts might have been on the mind of the Wall St. analysts gathered for the Bank of America third-quarter earnings call today (Oct....

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