Spending is beginning to recover, but the state of the pandemic in the US could reverse that trend.
Most issuers believe the worst is behind them. Chase noted that spending recovered through Q2 and was only down 4% annually by the end of June, while BofA highlighted that credit spending took a 40% hit in mid-April but is now back to just a 10% annual decline. These figures align with June retail sales figures, which saw a
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of America's Merrill Lynch resumes new trainee hiring - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. And you thought banks were having a tough time...
Source: BusinessInsider - 🏆 729. / 51 Read more »
LIVE: Netflix reports Q2 earnings as its stock remains near all-time highs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Netflix Q2 subscriber growth got boost from cancellation decline: data - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to invest amid Q2 earnings, stock-market risks: Morgan Stanley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Netflix Q2 earnings reaction: Analysts weigh profit miss, future stock price - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Your company brand identity here............
Source: BusinessInsider - 🏆 729. / 51 Read more »
Introducing Advertising Insider, Business Insider's new daily newsletter - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »