economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans

Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
December 11, 2024  |  Consumer Insights

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime...

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Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Legal & Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. Get the Full Story Complete the form to...

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Millennials Forgo Homeownership and Boost Rent-to-Build Market
Millennials Forgo Homeownership and Boost Rent-to-Build Market
December 11, 2024  |  Real Estate

With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Get the Full Story Complete the form to unlock this article and...

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NFIB: Small Business Optimism Sees Post-Election Rebound
NFIB: Small Business Optimism Sees Post-Election Rebound
December 10, 2024  |  SMBs

Small business owners in the United States are more optimistic following an almost three-year stretch of uncertainty. Get the Full Story Complete the form to...

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Bank of England: Non-Banks Could Pose New Risks to Financial Stability
Bank of England: Non-Banks Could Pose New Risks to Financial Stability
December 09, 2024  |  Banking

Non-bank financial institutions like pension funds, insurance companies, hedge funds and money market funds could present risks to financial stability as their role in the...

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NY Fed Report Finds Consumer Optimism at Highest Level Since Pandemic
NY Fed Report Finds Consumer Optimism at Highest Level Since Pandemic
December 09, 2024  |  Economy

Consumers are more optimistic about their household financial situation than they’ve been since February 2020. Get the Full Story Complete the form to unlock this...

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Banks Tighten Credit Access as Demand for Limit Increases Rises
Banks Tighten Credit Access as Demand for Limit Increases Rises
December 09, 2024  |  Debt

A dramatic rise in credit card debt over the last several years has pressured paycheck-to-paycheck consumers, with a disproportionate burden on those individuals and households...

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