US Economy

Unpaid Student Loans And Credit Card Debt Mount In US

Unpaid Student Loans And Credit Card Debt Mount In US
Unpaid Student Loans And Credit Card Debt Mount In US
August 15, 2019  |  Debt

An increasing number of Americans are struggling to keep up with their student loan and credit card debt, Reuters reported on Tuesday (Aug. 13). The...

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Q1 GDP Growth To Be Impacted By Gov’t Shutdown
Q1 GDP Growth To Be Impacted By Gov’t Shutdown
January 20, 2019  |  Legal & Regulation

With the partial U.S. government shutdown as a result of the standoff between President Donald Trump and congressional Democrats now in its fourth week and no...

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Small Business Optimism Begins Its Downswing
Small Business Optimism Begins Its Downswing
January 09, 2019  |  B2B Payments

After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. Reports in the Wall Street Journal...

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Banks Paint Different Portraits On Debt, Economic Boom’s Longevity
Banks Paint Different Portraits On Debt, Economic Boom’s Longevity
October 31, 2018  |  Economy

Call it a tale of two consumers — or perhaps a bifurcation of credit outlooks. News came this week that at least two credit card...

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Number Of Unbanked Americans Plummets
Number Of Unbanked Americans Plummets
October 24, 2018  |  Consumer Finance

A new survey revealed that the percentage of unbanked Americans fell to the lowest level since the 2007-2009 financial crisis. Data from the Federal Deposit...

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Retail Sales Reach $509B In September
Retail Sales Reach $509B In September
October 15, 2018  |  Retail

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 percent from August to September to reach a seasonally adjusted figure...

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Economy Strong, Yet Americans Struggle To Cover Basic Expenses
Economy Strong, Yet Americans Struggle To Cover Basic Expenses
August 28, 2018  |  Economy

The economy is strong, as evidenced by some headline numbers. Unemployment is at multi-year lows, GDP growth continues apace and the stock market, usually a...

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Senator Warren Rails Against Corporations
Senator Warren Rails Against Corporations
August 21, 2018  |  Legal & Regulation

Senator Elizabeth Warren has come out swinging against U.S. corporations with a new proposal that would force the owners of successful companies to give “at...

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