In 2009, consumers first coined the term “Whole Paycheck” as a tongue-in-cheek way to describe the sticker shock many felt when looking at their receipts after a shopping trip to Whole Foods. Whole Foods is, of course, the organic grocery chain that Amazon bought for...
Indicating that Americans may have a less favorable view of their own finances, the University of Michigan Survey of Consumers fell to a gauge of 99 for October. The expected reading was 100.4 per a Thompson Reuters survey, Financial Times reported. Get the Full Story...
Data released Friday (Sept. 28) shows that U.S. consumer spending grew in August by 30 basis points, as estimated by the Commerce Department. Inflation continued to hold at the 2 percent target rate as held by the Federal Reserve, CNBC reported on Sept. 28. The reported...
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New census data shows that U.S. household incomes rose for the third straight year, up 1.8 percent when adjusted for inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
To offer users actionable advice, Intuit’s Mint is updating its personal finance iOS Mint app with added benefits, new design features and data-driven MintSights™. The MintSights feature seeks to help users budget accurately, spend wisely and save, Mint said in an announcement. Get the Full...
With the rate of delinquent credit card holders slowly rising, some banks are scaling back on opening new accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
A new study shows that millennials are worried about their retirement, especially their chances of ever collecting Social Security (SS). The Transamerica Center for Retirement Studies (TCRS) “18th Annual Transamerica Retirement Survey” found that 80 percent of millennials are worried that Social Security will not be...
FinTechs are going after another financial market void, this time providing loans to customers with low credit scores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
