U.S. economy

Census Bureau Reports Middle Class Income Gain; Can Retail And Payments Keep Up?
Census Bureau Reports Middle Class Income Gain; Can Retail And Payments Keep Up?
September 12, 2018  |  Economy

The U.S. middle class is making income gains and earning more than ever, but much of the commerce designed to appeal to those consumers —...

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US Economy Grows In Q2; GDP Up 4.2 Percent
US Economy Grows In Q2; GDP Up 4.2 Percent
August 30, 2018  |  Economy

U.S. economic growth in the second quarter had its strongest performance in nearly four years, but there are signs that momentum is slowing down a...

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Lending Is Failing To Live Up To 2018’s Great Expectations
Lending Is Failing To Live Up To 2018’s Great Expectations
August 28, 2018  |  Alternative Finances

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial...

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Retail Chains Enjoy Brighter Prospects In Q2
Retail Chains Enjoy Brighter Prospects In Q2
August 28, 2018  |  Earnings

Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies...

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Footwear, Apparel Industries Could Be Disrupted By Tariffs
Footwear, Apparel Industries Could Be Disrupted By Tariffs
August 24, 2018  |  Economy

With U.S. tariffs on imports from China, an industry association leader has said that American shoppers will be faced with higher prices for purchases. American...

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Consumer Sentiment Misses Expectations, Nears Sept. 2017 Lows
Consumer Sentiment Misses Expectations, Nears Sept. 2017 Lows
August 17, 2018  |  Economy

Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. As noted by CNBC...

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Five At Five: Faster EMV Comes To The US
Five At Five: Faster EMV Comes To The US
August 15, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news about faster chip card transactions, along...

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Retail, Tech Get New Life In Burgeoning Economy
Retail, Tech Get New Life In Burgeoning Economy
August 15, 2018  |  Investments

Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. According to Reuters, Third Point...

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Consumer Borrowing Hits $13.29 Trillion In Second Quarter
Consumer Borrowing Hits $13.29 Trillion In Second Quarter
August 14, 2018  |  Loans

American’s increased the amount of money they borrowed in the second quarter, with consumer borrowing reaching $13.29 trillion during the quarter ending in June. Reuters, citing...

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