Christmas retail sales growth slows even as consumer spending grows
Inflation and high-interest rates reduced holiday spending this year.
Source: washingtontimes.com
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Americans spent more during the holidays despite some financial anxiety and higher costs
Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure.
Source: washingtontimes.com
Credit cards caught in political crosshairs over tracking firearms purchases
The world's largest credit card companies are caught in the middle of a political slugfest over a newly created category that tracks purchases at gun stores.
Source: washingtontimes.com
GOP attorneys general warn credit card companies over tagging gun purchases
Two dozen Republican state attorneys general warned the chief executive officers of three major credit card companies Tuesday that the recent creation of a Merchant Category Code for processing purchases from gun stores is potentially a violation of consumer protection and antitrust laws.
Source: washingtontimes.com
Gun-rights backers call credit-card plan a step toward national registry
Second Amendment advocacy organizations are blasting the major credit-card companies over their plan to distinguish gun purchases in their payment processors, panning the idea as a step toward a database of U.S. gun owners.
Source: washingtontimes.com