Personal Finance
As the Penny Disappears, Shoppers Face Cash Rounding and More Card Surcharges
With U.S. penny production halted, retailers are rounding cash purchases to the nearest nickel, while a growing number…
Tag: consumer spending
Economy
UK Retail Sales Slip 0.5% in July Despite Heatwave and World Cup Boost
Retail sales volumes across Great Britain fell in July even as record heat and the men's football World…
Economy
UK Shoppers Load Up on ‘Picky Bits’ as Heatwave Boosts Picnic Food Sales, Grocery Inflation Eases
Warm weather in July drove a surge in demand for potato salad, olives, coleslaw and ice cream, while…
Economy
US GDP Growth Slows to 1.5% in Second Quarter as Inflation Stays Above Fed Target
The US economy expanded at a weaker-than-expected 1.5% annual pace in the second quarter, dragged down by rising…
Economy
UK Consumer Confidence Hits Near Two-Year High as World Cup and Staycations Boost Summer Spending
Barclays' latest survey shows UK consumer confidence climbed to its highest level in almost two years in July,…
Economy
US Credit Card Debt Nears Record High at $1.26tn in Second Quarter
New York Fed data show credit card balances climbed to $1.26tn between April and June, just below last…