Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. Get the Full Story...
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...
Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. Get the Full Story Complete...
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...
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July...
To determine the economic impact of the big storms that hit the U.S. in 2017, the Federal Reserve turned to First Data Corp.’s swipe information...
Three people associated with the hacking group FIN7 — also known as Carbanak — were arrested in Europe and are facing charges in the United States....
Driven by spending at restaurants and on accommodations, U.S. consumer spending increased in June, setting the stage for a strong economy heading into the third...