Source: en.wikipedia.org
Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...
Generation X consumers, baby boomers and seniors all allocate more than 60% of their monthly incomes to housing, supplies and other regular bills. Generation Z...
Credit card delinquency rates fell last month as consumers continued to spend. As Seeking Alpha reported Sunday (April 28), the average delinquency rate dipped from...
For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years...
The latest data on personal consumption notes that spending is outpacing the growth in disposable income. And as a result, consumers are dipping into savings...
BlackRock has debuted a savings product designed to give retirees a guaranteed, paycheck-style income. The asset management giant on Thursday (April 25) announced its LifePath Paycheck solution, which...
Unemployment dropped 3.8% last month, offering another sign that the U.S. economy is on a slow but steady upward trajectory. And while this news is...
Consumers keep spending, income growth is muted, and inflation is still here. Bit by bit, debt obligations are eating into disposable income growth. As to...