Consumer Spending/page/3 news and trends

Amex Plans Job Cuts, Sets AI Rules as Gen Z Spending Jumps 35%

October 23, 2026
American Express
Procter & Gamble Sees Resilient Consumer Demand Despite Higher Commodity Costs
Earnings // October 22, 2026

Consumer packaged goods (CPG) company Procter & Gamble expects the costs of raw materials, energy and transportation to be higher throughout its fiscal year 2027, the firm said in a Thursday (Oct. 22) press release outlining its results for the first quarter of fiscal 2027....

Synchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High
Consumer Finance // October 20, 2026

Consumer financing company Synchrony saw record third-quarter purchase volume, with both discretionary and non-discretionary out-of-partner spend on its consumer co-branded cards growing by double digits, Synchrony President and CEO Brian Doubles said Tuesday (Oct. 20) during an earnings call. The purchase volume increased 8% year...

Luxury Shoppers Put Their Money Where Their Feet Are
Retail // October 17, 2026

A banana-shaped heel is an unusual place to look for evidence of consumer spending discipline. But in luxury retail, financial restraint can apparently come with very adventurous footwear. There’s growing interest in eccentric designer shoes as shoppers seek alternatives to handbags costing more than $5,000,...

Equifax Equips Lenders With Mastercard Open Finance Insights
Consumer Finance // October 16, 2026

Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16) press release. Equifax customers can now access Mastercard Open Finance’s Cash Flow Analytics, which produces cash flow attributes based on...

Interviews & Exclusives
71% of Card Switchers Choose a Card Already in Their Wallet

October 12, 2026
Credit card issuers may think their biggest retention threat is another bank persuading a customer to open a new account. But the replacement card may already be sitting in the customer’s wallet. PYMNTS Intelligence’s “The Switching Trigger: How Issuers Can Stop Their Credit Cards From Losing Top-of-Wallet Status” report, in collaboration with Elan, surveyed 2,460 […]

Consumers Brace for Higher Prices and Plan to Spend More Anyway

October 08, 2026
Consumers are entering the final months of the year less worried about losing their jobs, more worried about prices and less confident about where their household finances are headed. The...

SoFi Tech Solutions Says Consumer Caution Makes Technology Investment More Urgent

October 07, 2026
Watch more: Need to Know With Max Spivakovsky of SoFi Tech Solutions A consumer does not have to stop spending to become more careful about money. Debit spending offers a...

Billers Overlook What Drives Customers Away

October 06, 2026
The monthly, weekly or even annual bill is among the interactions a service provider is virtually guaranteed to have with a customer again and again. Yet consumers give the experience...

Quick Reads
Procter & Gamble Sees Resilient Consumer Demand Despite Higher Commodity Costs

October 22, 2026
Consumer packaged goods (CPG) company Procter & Gamble expects the costs of raw materials, energy and transportation to be higher throughout its fiscal year 2027, the firm said in a Thursday (Oct. 22) press release outlining its results for the first quarter of fiscal 2027. Those costs will present the company with a commodity cost […]

Synchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High

October 20, 2026
Consumer financing company Synchrony saw record third-quarter purchase volume, with both discretionary and non-discretionary out-of-partner spend on its consumer co-branded cards growing by double digits, Synchrony President and CEO Brian...

Equifax Equips Lenders With Mastercard Open Finance Insights

October 16, 2026
Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16) press release. Equifax customers can...

20% of Americans Behind on Loans, Fed Data Shows

October 11, 2026
New Federal Reserve data shows wealth gains cooling among American families amid a spike in loan delinquencies. Released Friday (Oct, 9) the Fed’s latest Survey of Consumer Finances (SCF) covers...