LendingClub is laying off 172 employees — about 14% of its workforce — to reduce costs and navigate the “challenging macroenvironment.” Get the Full Story Complete...
The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. Get...
The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. Get the Full Story Complete the form to unlock this article...
Walmart’s former U.S. CEO says consumers are facing pressures they haven’t felt in years. Get the Full Story Complete the form to unlock this article and...
Consumers are increasingly focused on finding the best deal — a preference driven by loss aversion and a desire to maximize the benefits of their...
The surge in interest rates has resulted in record-high loan payments for consumers who have borrowed money to purchase new cars. Get the Full Story...
Bread Financial Holdings is reportedly grappling with challenges as it confronts rising credit losses and uncertainty surrounding late fees. Get the Full Story Complete the form...
Household spending is up despite several factors that should be keeping it down. Get the Full Story Complete the form to unlock this article and...
American consumers may not want new cars, but they apparently need them. Get the Full Story Complete the form to unlock this article and enjoy...