The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark...
The Federal Reserve indicated last week that higher interest rates will likely stick around. And as The Wall Street Journal (WSJ) reported Tuesday (Sept. 26), this situation has begun...
Credit card companies are seeing losses rise at the fastest rate since the Great Recession. That’s according to a widely shared Goldman Sachs research note...
Inflation is top of mind for consumers, and is contributing to a muted outlook of where things stand — and where we are headed. The...
That having children is costly may not be surprising — but the extent to which parents with children depend on credit cards is. Proprietary research...
American banks reported nearly $19 billion in loan losses during the second quarter. As the Financial Times reported Wednesday (Aug. 9), the $18.9 loan-loss rate...
Amid reports of struggling sales among other retailers, T.J. Maxx has benefited from the growing interest and support of Gen Z and millennial shoppers. “We...
America’s biggest banks are downplaying a massive spike in write-offs of bad consumer loans. As Bloomberg News reported Tuesday (April 18), the four largest banks...
Inflation’s torrid pace is cooling a bit. But not enough to give paycheck-to-paycheck consumers relief from the everyday pressures of keeping a roof over their...