Income

Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
September 26, 2024  |  Economy

The latest revision to second-quarter GDP data is the third and final one. According to the newest data from the Bureau of Economic Analysis, real...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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70% of US Consumers Feel Stressed About Personal Finances
70% of US Consumers Feel Stressed About Personal Finances
September 06, 2024  |  Faster Payments

In today’s competitive job market, traditional benefits like retirement plans and paid time off are falling short as workers demand immediate access to their earnings....

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25% of High-Income Consumers Work Side Hustles
25% of High-Income Consumers Work Side Hustles
June 26, 2024  |  Consumer Insights

Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this...

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CloudPay Offers Workers Instant Payslip Access
CloudPay Offers Workers Instant Payslip Access
June 10, 2024  |  Payroll

Payroll solutions company CloudPay has introduced in-app digital payslip functionality. “Accessed via the employee experience app CloudPay NOW, the new capability allows employees to seamlessly...

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Fed Says Consumers See Higher-for-Longer Inflation
Fed Says Consumers See Higher-for-Longer Inflation
May 13, 2024  |  Consumer Insights

Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the  Federal...

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Congress Advances Earned Wage Access Bill as Popularity Grows
Congress Advances Earned Wage Access Bill as Popularity Grows
April 18, 2024  |  Personal Finance

When is a loan not a loan? That is, in one sense, the question at the heart of proposed new federal legislation around earned wage access (EWA)...

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Volatile Markets, Wealth Effect a Double-Edged Sword for Consumer Spending
Volatile Markets, Wealth Effect a Double-Edged Sword for Consumer Spending
April 12, 2024  |  Economy

The wealth effect giveth, and it taketh away. This week’s stock market volatility, and especially Friday (April 12)’s plummet in the wake of big bank...

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Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
April 05, 2024  |  Consumer Insights

Wages are increasing.  The unemployment rate’s lower.  The U.S. economy added more jobs in March than had been expected. And yet, it all may not...

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