The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering ...

Payment technology company Global Payments reported a rise in fourth-quarter profit on Thursday, as customers ramped up spending during the holiday season.

U.S. prices rose in December while consumer spending surged, indicating that the Federal Reserve might delay cutting interest rates. Core inflation increased by 2.8% year-on-year, and consumer ...

The increase was in line with economists' expectations. Goods prices rose 0.2%, the first gain in five months, lifted by higher costs for motor vehicles and parts as well as gasoline and other ...

Despite lingering pressures from elevated interest rates, recent economic data has suggested that the U.S. labor market remains robust and wage growth is ongoing -- both of which could help bolster ...

Mastercard's fourth-quarter profit rose, driven by increased consumer spending during the holiday season and a strong labor market. Gross dollar volume rose 12%, and revenue from value-added ...

And in December, they ramped up their spending significantly. Consumer spending shot up 0.7% from November, exceeding economists’ expectations for a 0.5% gain. With Thanksgiving landing late in ...

Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years.

US prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption ...

The new report finds consumer spending in December shot up 0.7% from the previous month, with a later-than-usual holiday shopping season a likely driver of the jump which outstripped most economists ...