/ Consumer Spending


US Economy Grew Faster than Expected in Q4, Raising Hopes for a Soft Landing
/ Market Analysis

US Economy Grew Faster than Expected in Q4, Raising Hopes for a Soft Landing

Driven by robust consumer spending, US GDP grew faster-than-anticipated in Q4 2023.

January 25, 2024
Stocks Open Lower as Q3 GDP Data Reveals Accelerated Growth Rate

Stocks Open Lower as Q3 GDP Data Reveals Accelerated Growth Rate

US GDP grew at 4.9% annualized rate in Q3 2023, compared to 2.1% in Q2 and consensus estimates of 4.2%.

October 26, 2023
Amex Down 4.4% as Revenue Misses Expectations

Amex Down 4.4% as Revenue Misses Expectations

American Express shares fell nearly 4.4% to $169.36 after the company reported worse-than-expected revenue growth for Q2.

July 21, 2023
Strong Consumer Spending Can Prevent Recession But Pandemic Savings Exhausted

Strong Consumer Spending Can Prevent Recession But Pandemic Savings Exhausted

Treasury Secretary Janet Yellen is optimistic about avoiding a recession but data suggests a grim outlook in the short-term.

June 20, 2022
Bakkt CEO Says Consumer Spending Will Evolve into “Pay with Anything”

Bakkt CEO Says Consumer Spending Will Evolve into “Pay with Anything”

Bakkt CEO believes the next evolution of commerce involves all forms of digital assets being accepted as payment.

August 25, 2021