Monthly Archives: July 2013

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The U.S. June 2013 Jobs Numbers: Tread Softly

Many were cheered on by what seemed like a very strong U.S. jobs report for June late last week, but the numbers may not tell the whole story. Bottom line: MasterCard SpendingPulse™ believes the new jobs recovery (not a recovery, N.B., in the unemployment rate itself) to be more brittle than it appears. More importantly for
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Trends Impacting Today’s Italian Consumer

Italy, the world’s eighth largest economy, is once again making European headlines with an ongoing recession greatly impacting economic growth and consumer confidence. The recession, which began in late 2009, has forced Italian consumers to make significant cutbacks as a result of high unemployment and the declining value of their savings and investments. Nevertheless, Italians
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