Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. But growth is still growth and consumers are still tapping...
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. In...
The latest data on personal spending matched expectations. And the parlor game as to whether the Fed will pause or even cut interest rates continues....
The latest data from The Conference Board showed that consumer confidence rebounded a bit in November. The question remains as to how long, or whether,...
Credit card company Petal is reportedly seeking a buyer amid doubts about its viability. The company, which provides cards for consumers who are new to credit, is...
An increasing number of Americans have realized the dream of owning a home without the burden of a mortgage. Nearly 40% of homeowners in the...
Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...
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. Affirm’s...