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Commentary: Airlines flight prices may have peaked, as post-Covid pent-up demand 'has lost steam' and consumers, especially in Europe, start showing price sensitivity; Ryanair, American Airlines predict softer demand, citing lower bookings and revenue

NRF argues that class action settlement between Visa, Mastercard and merchants, who claim they had been overcharged, is 'meager'; settlement would only save merchants US$6B/year, compared to the US$100B in fees that Visa, Mastercard collected last year

US restaurant sales up 7.8% year-over-year from Nov. 1-Dec. 24, the highest gain among all sectors by far, according to Master Card Spending Pulse data

US retail sales grow 3.1% year-over-year between Nov. 1 and Dec. 24; increase is lower than the forecasted growth of 3.7%, has slumped from last year's 7.6% growth as higher interest rates, inflation pressure consumer spending: Mastercard

Consumers spent a record US$9.8B online, up 7.5% year-over-year, during Black Friday, per Adobe; in-store sales up 1.1%, e-commerce sales up 8.5%, overall Black Friday sales up 2.5%, per MasterCard

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