Economic Indicators

How credit card swipe fees are affecting shoppers

Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.

Cyber Monday spending hits record $13.3B

Consumers spent more than $13 billion online during Cyber Monday, according to Adobe Analytics data, surpassing expectations. The figure was over 7% higher than the prior year.