Salesforce is reportedly laying off 700 employees, or about 1% of its workforce. The cuts are being made across the company, The Wall Street Journal...
Card delinquencies and charge-offs offer evidence of consumers struggling to meet their financial obligations. And credit card balances and delinquencies have been rising as consumer...
America’s economy grew 3.1% in 2023 amid continued consumer spending on vehicles and electronics. That’s according to figures released Thursday (Jan. 25) by the Commerce Department,...
Headline numbers reveal that the United States economy keeps growing, outpacing expectations. Although the pace of growth has been tempered a bit, there are some...
Klarna CEO Sebastian Siemiatkowski said the Swedish FinTech company is considering an initial public offering (IPO) in the United States. It is “very likely” that Klarna will launch...
As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their...
Headed into the new year, consumers are confident about the economy, and about overall trends in inflation. As reported by the University of Michigan’s survey of...
Regions Financial saw loan demand remain soft in the fourth quarter as customers continued to be cautious. Average and ending loans decreased “modestly” compared to the...
As restaurant delivery services around the world have seen demand impacted for years by ongoing food inflation and other financial challenges, Deliveroo expects that wage...