Mastercard
Mastercard’s Holiday Pulse: Resilient 2025 Spending Masks a Fragile Consumer 'K-Shaped' Reality
As the final bells of the 2025 holiday shopping season ring out this Christmas Eve, the financial markets are closely dissecting a paradox of record-breaking spending and underlying consumer exhaustion. Mastercard (NYSE: MA) reported that U.S. retail sales (excluding automotive) rose a steady 3.9% year-over-year between November 1