Some retailers are reportedly being “uncharacteristically blunt” in sharing with customers the impact new U.S. tariffs are having on the prices of their products. This marks a change from retailers’ traditional communication strategy when it comes to rising prices, Bloomberg reported Thursday (April 17). Quoting marketing materials...
KeyCorp’s latest earnings results showed growth in deposits, while management pointed to momentum in payments, including commercial payments, that should prove resilient even in the face of tariff-induced macroeconomic headwinds. The presentation materials released Thursday (April 17) indicate that average commercial loans were up 0.4%...
The tariffs were on, then they were paused, and at the moment, the United States trade war is focused on China. Although some business owners are girding for a recession, any such scenario may be relatively shallow, as the Federal Reserve can cut rates from...
In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America — presented first-quarter earnings Tuesday (April 15) that pointed to both lingering uncertainties and resilient consumer spending. Analysts and investors...
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 cash flow. It’s no longer enough to wait three days for transactions to settle. The paper check, which has been a staple of roughly 40% […]
April 17, 2025
The tariffs were on, then they were paused, and at the moment, the United States trade war is focused on China. Although some business owners are girding for a recession,...
April 16, 2025
In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America — presented first-quarter earnings Tuesday...
April 15, 2025
As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer...
April 17, 2025
Some retailers are reportedly being “uncharacteristically blunt” in sharing with customers the impact new U.S. tariffs are having on the prices of their products. This marks a change from retailers’ traditional communication strategy when it comes to rising prices, Bloomberg reported Thursday (April 17). Quoting marketing materials sent by retailers to their customers, the report said one […]
April 15, 2025
Grocery giant Albertsons says inflationary pressures continue to push its shoppers to seek value. The company on Tuesday (April 15) released earnings showing 24% upticks in digital sales for the...
April 15, 2025
While Americans are worried about the economy, it hasn’t kept them from spending. As The Wall Street Journal (WSJ) reported Tuesday (April 15), Bank of America’s latest earnings report showed...
April 15, 2025
A new stablecoin aims to serve as an inflation-proof form of cash. USDi is a dollar-tracking coin whose value is determined by the increase in the consumer price index (CPI)...
