Tag: Spending

Capital and Risk, Macroeconomic

US consumer spending rose a moderate 1.9% in July

August 28, 2020


U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless. The July […]

Capital and Risk, Macroeconomic

US retail sales rose less than expected 0.2% in November

December 13, 2019


U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter. The Commerce Department said on Friday retail sales rose 0.2% last […]

Capital and Risk, Macroeconomic

Millennials are about to trigger a major ‘changeover point’ for the US economy, asset manager says

October 14, 2019


A fundamental shift in the spending habits of U.S. millennials will have an incredible impact on the world’s largest economy, according to the CEO of Smead Capital Management. U.S. adults aged between 21 and 38 years old will prioritize “necessity […]

Capital and Risk, Credit

Ask these questions about your credit card — it could save you hundreds of dollars

April 5, 2019

Via: Market Watch

Do you negotiate with your credit-card company? Maybe you should. Women were far less likely than men to ask their credit-card issuer for more leniency or better terms on paying late fees or interest rates, according to a new survey […]

Retail Banking

This bank will give you $750 just to open a checking account — but here’s the catch

February 4, 2019

Via: Market Watch

Cash in on checking. Americans resist change, at least when it comes to their checking accounts: A survey from finance site Bankrate and MONEY found that the average American had used the same primary checking account for 16 years, and […]