Tag: U.S. consumers

Activity, Capital and Risk, Credit, Retail Banking

Card companies’ earnings likely to reflect rebound

July 19, 2021

Via: Payments Dive

As card companies begin reporting second-quarter earnings this week, they’ll benefit from a consumer spending rebound. Still, spendthrift cardholders won’t necessarily translate into a bonanza for the card networks. The start of the COVID-19 pandemic depressed spending last year as […]

Capital and Risk, Macroeconomic

Consumer sentiment index rises to 78.9 in September, highest level since March

September 18, 2020

Via: Market Watch

The University of Michigan said the preliminary reading of its U.S. consumer sentiment index in September was 78.9, up from 74.1 in the prior month. Economists polled by MarketWatch expected a reading of 75.9. The sentiment indicator covers how consumers […]

Capital and Risk, Macroeconomic

An economic number out on Thursday is key to tracking the economy and quelling recession fears

November 7, 2019


Weekly jobless claims have been so steady, they aren’t on many investors radar as a major report. But if this number suddenly started rising, that’s when it’s time to worry about the economy hitting the skids. So far, there is […]

Capital and Risk, Macroeconomic

Second-quarter U.S. GDP left at 2%, slower economic growth seen persisting

September 26, 2019

Via: Market Watch

The numbers: The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic […]

Retail Banking

Two-thirds of Amazon Prime members would try banking with the retailer, according to Bain study

September 18, 2018


Banks, you’ve been warned. About two-thirds of Amazon Prime members would try a free online bank account from the e-commerce giant, according to a report from consultant Bain & Co. That’s considerably higher than the percentage of regular Amazon customers […]