Rare recession success story: Shopback sees record 18M online purchases
MANILA, Philippines—An app that allows users to earn portion of what they spend on online purchases sees a record high of more than 18 million orders this year, one of…
Stocks erase an early loss after Fed widens bond purchases
NEW YORK — Wall Street rallied back from a sharp, early slump on Monday to notch modest gains after the Federal Reserve unveiled its latest push to prop up the…
Spending slows; purchases more on food, health items
The lockdown of Luzon amid the coronavirus (COVID-19) pandemic is likely to take a heavy toll on the consumer and retail sectors, but higher food, beverage and health spending can…