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Home > Latest

The high-income group in the United States dominates the Black Friday spending growth.

date
01/12/2025
The SpendingPulse data released on Monday by MasterCard shows that sales during the prime holiday shopping season in the United States increased by 4.1% year-on-year on Black Friday. The increase in AI-driven foot traffic and spending came mainly from affluent households, highlighting the ongoing demand for payment networks like MasterCard and analytics platforms like Adobe.
Latest
2 m ago
Bank of America is once again expecting the Federal Reserve to cut interest rates in December.
3 m ago
British Chancellor of the Exchequer: The government will work with the National Cyber Security Centre to investigate any potential leaks of early financial reports.
4 m ago
British Chancellor of the Exchequer: The issue of the information from the UK Office for Budget Responsibility being leaked ahead of time, as exposed last week, is not a new problem. The government takes this matter very seriously and the OBR cannot allow such events to happen again. It is not yet clear the extent of the impact on market behavior.
6 m ago
U.S. stock market anomaly | The stock of Cha Bu Wang Tea (CHA.US) increased by nearly 5%, overseas GMV continues to grow significantly.
6 m ago
Iberia will suspend operations in Venezuela until December 31st.
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