Recession

Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

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MENA’s AgriTech Revolution Captures VC Attention and Dollars
MENA’s AgriTech Revolution Captures VC Attention and Dollars
May 04, 2023  |  Startups

Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion...

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Transportation Stock Dip May Signify Recession Fears Are Coming True
Transportation Stock Dip May Signify Recession Fears Are Coming True
May 02, 2023  |  Transportation

On April 20, The Wall Street Journal detailed the performance of stocks deemed economically sensitive, such as those within the transportation sector, against the broader market...

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Discount Subscriptions Combine Consumers’ Two Favorite Features: Convenience and Savings
Discount Subscriptions Combine Consumers’ Two Favorite Features: Convenience and Savings
May 02, 2023  |  Subscription Commerce

Subscriptions considered discretionary were among the first to go when consumers began slashing their budgets and their providers have generally struggled since. Although there have...

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US Layoffs Reach Two-Year High in Push for Profitability
US Layoffs Reach Two-Year High in Push for Profitability
May 02, 2023  |  Economy

New figures from the Labor Department show U.S. layoffs reaching their highest level in more than two years. The March Job Opening and Labor Turnover...

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Credit Card Charge-Offs Creep Up in March
Credit Card Charge-Offs Creep Up in March
April 30, 2023  |  Credit Cards

Credit card charge-offs reportedly crept up in March as consumers struggle to pay bills. On paper, the overall average rate of credit card delinquencies and...

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Consumer Sentiment Predicts Prolonged Economic Turbulence
Consumer Sentiment Predicts Prolonged Economic Turbulence
April 30, 2023  |  Consumer Insights

Government data confirms what consumers already know: Market and Main Street stabilization may be further off than previously thought. The Bureau of Economic Analysis (BEA)...

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Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
April 23, 2023  |  Economy

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. Small to medium-sized businesses (SMBs) seeking a chance...

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Analysts Expect 6.8% Decline in First-Quarter Earnings
Analysts Expect 6.8% Decline in First-Quarter Earnings
April 10, 2023  |  Earnings

Analysts expect S&P 500 companies to report a year-over-year 6.8% decline in first-quarter earnings. If those expectations turn out to be correct, that would be...

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