How do credit card companies view the health of the consumer?
Credit card companies have reported earnings in the past 24 hours and they are particularly well-positioned to weigh in on the health of the consumer. Visa is bullish. Here’s CFO Vasant Prabhu who was queried with this on the conference call: Q: Vasant, as we think about your baseline plan forecast, how are you factoring […]
Americans are spending an extra $371 a month because of inflation
New York CNN — From rent and groceries to utilities, families are paying a lot more every month as they try to keep up with inflation. And while inflation has cooled in recent months, the typical household spent $371 more on good and services in December than a year ago, according to Moody’s Analytics. The […]
IGL hikes CNG price in Delhi-NCR by 95 paise to Rs. 79.56 per kg from today
Indraprastha Gas Limited (IGL), which operates CNG stations across the Delhi-NCR, has decided to increase the prices of CNG in the region from Saturday, December 17. Now, CNG will be 95 paise costlier. Customers will now have to pay up to Rs. 79.56 for a kg of […]