U.S. consumers are showing remarkable resilience in the face of persistent inflationary pressure and soaring gas prices, CNN reporter David Goldman noted, even going into debt to continue shopping. Despite dipping consumer confidence, shoppers are engaging in “revenge spending,” and “no matter how consumers feel about the economy, they’re willing to keep shelling out,” Goldman wrote (more).

Scams and social engineering tricks are now dominating the arena of consumer payment fraud, according to Visa. “Unlike traditional fraud, these attacks typically do not require breaching technology. Instead, scammers impersonate trusted brands and institutions, manufacture urgency and deceive victims into completing legitimate-looking transactions,” the report indicated (more).

Stellantis is planning to launch a lineup of “muscle trucks” headed by the Ram Rumble Bee. The top-end SRT Hellcat model comes with a 6.2-liter supercharged Hemi V-8 engine, pegged at 777 horsepower (more).

Walmart’s first-quarter earnings were described as “worse than expected” by reports detailing the release. EPS came in at $0.66 adjusted versus the same figure, and revenue at $177.75 billion against $174.98 billion anticipated (more).

Memorial Day weekend could end up driving nearly $11 billion ($10.8 billion estimated) in e-commerce spend from U.S. consumers, per Adobe data. If this spend materializes, it would represent a significant 6% year-over-year increase in spending attached to the holiday (more).