In the midst of the ongoing financial crisis, women are rethinking how they do everything from celebrating friends’ milestones to planning families. In two separate consumer surveys, Credit Karma digs into the key changes women are making to adjust for the rise in cost of living and the nuanced shifts in behavior. Both surveys, conducted … Read more
With the spring season slowly creeping up, the latest consumer trends have already blossomed. A recent report by Faire, the large online wholesale marketplace used by 700,000 independent retailers worldwide, gives a peek into what shoppers are searching for this season. The “Coquette” aesthetic of flirty, femininity and bows within fashion and beauty is all the rage … Read more
Donald Trump’s official Super PAC has launched a new website dubbed “Biden-Mart” that lets users compare Trump-era grocery prices to current costs under Joe Biden’s administration. Biden-Mart.com, published by the Make America Great Again Inc. PAC, features an interactive grocery checklist that encourages users to “check off the items…to compile your weekly grocery list and … Read more
Cooking puns were not lacking at the Be a Breadwinner event, courtesy of Daniella Pierson, founder and chief executive officer of The Newsette. “After announcing the launch of Be a Breadwinner, the financial fitness movement created by Pierson, earlier this month, Pierson and Kristin Lemkau, CEO of J.P. Morgan Wealth Management co-hosted Breadwinner’s first brand … Read more
The Federal Reserve kept interest rates unchanged following its meeting on Wednesday — a move that was widely anticipated as the central bank cautioned that it “does not expect it will be appropriate” to slash rates “until it has gained greater confidence that inflation is moving sustainably toward 2%.” The central bankers signaled that they … Read more
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses. Statistics Canada reported Thursday that real gross domestic product increased by an annualized rate of one per cent, beating economists’ expectations and the Bank of Canada’s forecast for the final … Read more
In the post-pandemic era, the U.S. has seen a surge in live events and entertainment. PwC predicts that 2024 will bring in $68.7 billion in revenue from live events, including sports — this is an increase from 2019’s pre-pandemic $66.6 billion. Bank of America surveyed more than 2,000 people aged 18 or older and found … Read more
As the current economic landscape remains uncertain amid high interest rates and the high cost of living, some consumers are anxious during tax season, while others are hoping to receive refunds. In a recent report, Credit Karma published survey results looking at this year’s tax filing season. The survey conducted by Qualtrics on behalf of … Read more
After the pandemic hit in 2020, some business owners and households were hard hit financially as a result of lockdown measures. But at the same time, many Canadians saw their bank accounts grow because of their reduced spending. Those savings ballooned to over $300 billion and became so large that economists expected there would be … Read more
The Year of the Dragon may have signalled the return of the overseas Chinese tourist, with preliminary data from popular payment service Alipay showing an increase in transactions this year compared with 2019, the last time international borders were open before the onset of the pandemic. Alipay operator Ant Group, the fintech business affiliated with … Read more
