inflation

Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed

Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
May 01, 2024  |  Earnings

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Mastercard: Tokenized Transactions Grow 50% Year Over Year
Mastercard: Tokenized Transactions Grow 50% Year Over Year
May 01, 2024  |  Earnings

Mastercard said in its most recent earnings report on Wednesday (May 1) that the shift to digital payments from cash is gaining strength, and contactless...

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Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

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U.S. Labor Costs Grow as Workers’ Wages Climb
U.S. Labor Costs Grow as Workers’ Wages Climb
April 30, 2024  |  Economy

American labor costs rose more than anticipated last quarter, new government data shows. Get the Full Story Complete the form to unlock this article and...

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Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
April 30, 2024  |  Retail

Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Get the Full Story Complete the form to unlock this article and...

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Credit Card Delinquencies Dip Amid Continued Consumer Spending
Credit Card Delinquencies Dip Amid Continued Consumer Spending
April 29, 2024  |  Credit Cards

Credit card delinquency rates fell last month as consumers continued to spend. Get the Full Story Complete the form to unlock this article and enjoy...

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Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
April 29, 2024  |  Healthcare

There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But...

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Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
April 26, 2024  |  Economy

The latest data on personal consumption notes that spending is outpacing the growth in disposable income. Get the Full Story Complete the form to unlock...

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Customer Data, Technology Unlock Profitability Amid Uncertainty
Customer Data, Technology Unlock Profitability Amid Uncertainty
April 26, 2024  |  Opinion

Companies can leverage customer data and use technology to prosper in uncertain times, i2c Global Head of Operations John Bresnahan writes in the new PYMNTS...

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