Consumers can’t spend money they don’t have, and right now, many are running out of cash. The lenders that win are the lenders that give...
The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. But the Consumer Financial Protection Bureau’s (CFPB)...
Consumers are borrowing more on their credit cards — just to pay the monthly bills. And as financially struggling consumers move toward hitting their spending...
For lower-income consumers, the most vulnerable subset of the paycheck-to-paycheck economy, the outlook is, in a word … gloomy. As measured in the latest reading...
The initial euphoria that greeted the Federal Reserve’s decision this past week to cut interest rates for the first time in four years was keenly...
American labor costs rose more than anticipated last quarter, new government data shows. The Employment Cost Index (ECI), a measure of wages and benefits, climbed 1.2%...
The resumption of student loan payments has challenged borrowers in more ways than one. As reported here, the return of loan payments following their COVID-fueled...
As inflation grows faster than most wages, an increasing number of households are living paycheck to paycheck, having just enough money to make it to...