Credit and debit card spending per household fell 0.7% in May on a seasonally adjusted, month-over-month basis, according to new data from Bank of America released on Tuesday. Mary Hines Droesch, Bank ...

Software spending growth expectations have softened for the second half of 2025 and into 2026, according to Bank of America’s latest IT spending survey.

Asean needs to go beyond rhetoric and coordinate its responses to American protectionism so that there is strength in numbers ...

Despite signs that consumers are pulling back on some spending, businesses are cautiously hopeful about domestic tourism this ...

The Bank of Canada left its policy interest rate at 2.75 per cent on Wednesday, confirming market expectations. Data showing ...

The Bank of Canada paused interest rate cuts in April to get a better of idea of where Donald Trump’s tariffs and the economy ...

Brand divestments also a feature of what Procter & Gamble CFO Andre Schulten described as a restructuring program.

The World Bank also predicted growth in China to slow to 4.5 percent in 2025, partly due to U.S. tariffs, a property market ...

“Brands assume that we’re tech averse or stuck in 1987 and using our mother’s Nivea cold cream,” says 62-year-old artist and ...

Procter & Gamble (P&G) has announced a workforce reduction, planning to lay off approximately 7,000 employees over the next ...

BofA Securities analyst Mihir Bhatia found that the US premium credit card market is competitive, with Amex leading but Chase ...

Rising household costs, broader economic concerns, and public and school holidays combined in May to curtail UK consumers’ online spending power. Despite ...