Mastercard CEO Michael Miebach said the payments giant is not seeing consumer spending slow down despite the consumer sentiment surveys indicating that people are worried...
Perhaps the best, or most positive, finding in the Federal Reserve’s latest qualitative survey of the economy and its prospects boils down to this: Economic...
As the economy faces potential challenges, credit card companies are taking proactive measures to prepare for a downturn. These companies, recognizing the possibility of more...
Synchrony Financial’s first-quarter results indicated that consumers are pulling back on spending, particularly for larger ticket items, and have taken steps to pare down their...
Roughly two years ago, PYMNTS Intelligence, working in collaboration with Sezzle, found that 80 million U.S. consumers lacked reliable access to credit, which means that...
“Panic buying” in the U.S. could create an “artificially high” level of economic activity. That’s according to Federal Reserve Bank of Chicago President Austan Goolsbee,...
Last week, popular eCommerce retailers Shein and Temu announced plans for tariff-related price hikes. So far, it’s not clear if these increases — scheduled to...
A wave of new economic surveys and projections this week will illustrate the impact of America’s tariff campaign. As Bloomberg News reports, these include a...
The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop...