The Consumer Financial Protection Bureau (CFPB) released a study Wednesday (June 7) that shows the way consumers establish their credit history can differ based on their economic background. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems for some consumers when it’s time to pay it back. Get the Full Story Complete the form to unlock this...
Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. What’s more, among those that are stressed, 53 percent said it interferes with their ability to focus and be productive at...
Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who have the riskiest credit profile hit a record low. Get the Full Story Complete the form to unlock this article...
The economy in the U.S. slowed at a rate that was less than initially expected during the first three months of the year, but business investment softened and consumer spending moderated, raising concerns about the economy’s growth prospects for the current quarter. Get the Full...
Millions more smartphone users in Africa will now have access to basic banking services like borrowing and saving as the popular mobile financial service platform M-Pesa expands to cover more countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Despite all the political rancor going on in the U.S., consumer sentiment among consumers increased in May based on preliminary data from the University of Michigan’s consumer sentiment index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Merchants and consumers alike have a host of reasons to love financing. Consumers get to purchase more or better than their cash budgets might have allowed, or get to hold on to their cash for longer. And merchants get a chance to both up their...
American Express CEO Ken Chenault said last week that he would like to see more growth in the economy, but overall he is happy with the company’s performance, saying its first quarter was “very, very good.” Get the Full Story Complete the form to unlock...
