Interest Rates

Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. Get the Full Story Complete the form to unlock this...

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Banxico Says Mexico’s Financial System Remains Resilient
Banxico Says Mexico’s Financial System Remains Resilient
December 06, 2023  |  Banking

Mexico’s central bank has found that the country’s financial system remains resilient and stable despite the challenges posed by the complex global economic landscape. Get...

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Inflation Data Shows Traveling and Food Prices Rising
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023  |  Economy

The latest data on personal spending matched expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Consumers Show Improved Confidence in November but Fear Recession
Consumers Show Improved Confidence in November but Fear Recession
November 28, 2023  |  Consumer Insights

The latest data from The Conference Board showed that consumer confidence rebounded a bit in November. Get the Full Story Complete the form to unlock...

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Card Issuer Petal Seeks Buyer Amid Struggle for Capital
Card Issuer Petal Seeks Buyer Amid Struggle for Capital
November 19, 2023  |  Credit Cards

Credit card company Petal is reportedly seeking a buyer amid doubts about its viability. Get the Full Story Complete the form to unlock this article and enjoy...

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Record-High Share of Americans Have Paid Off Their Homes 
Record-High Share of Americans Have Paid Off Their Homes 
November 17, 2023  |  Real Estate

An increasing number of Americans have realized the dream of owning a home without the burden of a mortgage.  Get the Full Story Complete the...

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Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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Affirm Says High Interest Rates Drive Demand for BNPL
Affirm Says High Interest Rates Drive Demand for BNPL
November 14, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) company Affirm expects an increase in demand for its short-term consumer loans if interest rates remain high for an extended period. Get...

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Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
November 14, 2023  |  Earnings

Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into...

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