It has been another busy holiday season this year with online sales growing 11% year-over-year (YoY) according to the latest Mastercard SpendingPulse market intelligence which focuses on the measurement of in-store and online retail MasterCard said late Monday that it has blocked a number of financial institutions from the MasterCard …
Read More »Weekly Recap 27-31 December
US Vice President Kamala Harris defended the Build Back Better (BBB) stimulus plan during an interview on CBS’ “Face The Nation” TV show. Harris stressed inflation and coronavirus as major concerns and top priorities in 2022. “The United States must address the rising cost of consumer goods”, she added.Risk sentiment …
Read More »US Shares Slip Back From Session Highs
Receding Omicron-worries, signs of a bullish economy and positive seasonality are among bullish factors helping the shares market sentiment.The S&P 500 is trading flat on Tuesday following Monday’s stunning 1.4% surge, with the index falling back from earlier session record highs to the north territory of the 4800 level. The …
Read More »Mastercard’s Holiday Data Signaling Growing Online Shopping
It has been another busy holiday season this year with online sales growing 11% year-over-year (YoY) according to the latest Mastercard SpendingPulse market intelligence which focuses on the measurement of in-store and online retail sales across all modes of payment.The data, which covers sales from 1 November to 24 December …
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