Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. The owner of Cartier and other luxury brands has benefited from being more restrained in its price increases than some of its rivals over the past four years, as some...
Consumer spending, the key engine of the economy in the United States, is in danger of stalling. The U.S. Census Bureau released retail data Thursday (May 15) showing that sales growth slowed markedly after pre-tariff front-loading of consumer spending, especially for expensive, big-ticket items such...
Uber has rolled out a series of products designed to help customers save money. “We’re hearing it more and more these days — life just feels like a lot. Too complicated. Too uncertain. And above all, too expensive,” the tech giant said in its Wednesday (May...
The headline number from the Consumer Price Index released Tuesday (May 13) by the Bureau of Labor Statistics indicated that inflation grew at its slowest pace in more than four years. However, the puts and takes indicated that key spending categories, such as shelter, are...
May 15, 2025
Consumer spending, the key engine of the economy in the United States, is in danger of stalling. The U.S. Census Bureau released retail data Thursday (May 15) showing that sales growth slowed markedly after pre-tariff front-loading of consumer spending, especially for expensive, big-ticket items such as cars and appliances. Overall retail sales were up 0.1% […]
May 13, 2025
Economically, it’s starting to feel like the height of the pandemic. Consumers in the United States, warily eyeing the impact of the President Donald Trump administration’s global trade war, are...
May 07, 2025
Inflation is changing the ways in which we eat, whether buying food at the grocery store or dining out. The PYMNTS Intelligence Paycheck-to-Paycheck report titled “Navigating the Shifting Sands of...
April 21, 2025
Tariffs are here, inflation is sticky, and supply chains and vendor relationships are in flux. For enterprises, it’s critical to have as much certainty as possible when it comes to...
May 16, 2025
Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. The owner of Cartier and other luxury brands has benefited from being more restrained in its price increases than some of its rivals over the past four years, as some of those competitors have seen a customer backlash over prices, […]
May 14, 2025
Uber has rolled out a series of products designed to help customers save money. “We’re hearing it more and more these days — life just feels like a lot. Too complicated....
May 12, 2025
Americans are increasingly taking road trips amid an inflation- and tariff-related decline in consumer confidence. That’s according to a Monday (May 12) report from Bloomberg News, citing AAA figures showing that roughly...
May 11, 2025
New research from Bank of America (BofA) shows consumer spending slowing for all income levels. That data, released by the Bank of America Institute on Friday (May 9), shows that...