spending

Spending to pay out (money) in buying or hiring goods or services
Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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Flywire’s Massaro: Healthcare Payments’ $375B Efficiency Opportunity
Flywire’s Massaro: Healthcare Payments’ $375B Efficiency Opportunity
February 17, 2020  |  Healthcare

A digital-first world needs a digital-first healthcare payments reboot, especially as consumers become among its largest payors. It’s one of the reasons that Flywire CEO...

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Consumer Morale Up In Major European Economies
Consumer Morale Up In Major European Economies
January 30, 2020  |  Europe

Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue to open their...

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Slowdown In China Spending Could Impact Luxury Goods Providers
Slowdown In China Spending Could Impact Luxury Goods Providers
November 10, 2019  |  eCommerce

Research firm Sanford C. Bernstein says affluent Chinese consumers are not indulging on luxury and non-essential goods, Bloomberg reported on Saturday (Nov. 9). Bernstein luxury...

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Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
November 01, 2019  |  Retail

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as...

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Deep Dive: How CUs Can Close The AI Innovation Gap
Deep Dive: How CUs Can Close The AI Innovation Gap
October 31, 2019  |  Credit Unions

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. However,...

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EU Consumer Confidence Declines To Lowest Point Since December
EU Consumer Confidence Declines To Lowest Point Since December
October 24, 2019  |  Europe

Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. According to Bloomberg, the...

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American Express Rides Higher Spending To Q3 Revenue Win
American Express Rides Higher Spending To Q3 Revenue Win
October 21, 2019  |  Earnings

Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of...

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Teens’ Changing Tastes – And Lower Spending – Drive Retail Innovation
Teens’ Changing Tastes – And Lower Spending – Drive Retail Innovation
October 17, 2019  |  Retail

Teens have been big drivers of commerce for going on a century now, and that’s even more prevalent as marketers find more precise ways to...

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