Credit card debt in the U.S. reached $870 billion at the end of last year, setting a record. Bloomberg, citing data from the Federal Reserve,...
Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt,...
Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on credit and the...
A few months back, Morgan Stanley published a report stating that inflation – which had been dormant for years in the wake of the financial crisis...
Even as the economy’s ongoing health and the growth in jobs and payroll win praise from multiple quarters, further evidence keeps emerging that U.S. consumers...
Taking it to the limit, indeed. News came this week that global debt – that which is shouldered by governments and the private sector –...
The willingness to take on debt and open wallets, at least here, remains unabated. In the United States, consumer debt gained at its headiest pace...
Now, it seems, interest rates have garnered some, well, interest. It has been barely a week since the Federal Reserve boosted interest rates by a...
Last week brought a confluence of economic headlines that are slated to hit the consumer right where it hurts: the wallet – and perhaps the...