As the holiday season approaches, the looming shadow of credit card debt is causing concern for both consumers and retailers.

Spending jumped 15% in 2021 and more than 7% in 2022, but analysts expect "normal" growth of 2.3% to 3.3% for the season in ...

The end to pandemic-era savings will also weigh on consumer spending growth. And so will high-credit card debt as they approach the holiday season," Barua said. Deloitte is projecting overall ...

Chinese people have shown strong spending power during the Mid-Autumn Festival, with many sectors such as tourism and postal ...

Residents' strong spending power also spilled over to other sectors during the holiday. Beijing, one of the nation's major cities with dense population and strong consumption power, recorded the ...

Michelle Mayer, Mastercard Economics Institute U.S. chief economist, joins CNBC's 'Money Movers' to discuss the state of the ...

However, just 14% of those surveyed said they plan to spend more on holiday shopping this year compared to last year. Most of those polled — 64% — said they plan to maintain their prior ...