The nation’s real gross domestic product growth accelerated in the third quarter, driven by gross private domestic investment, including information processing equipment, according to a data released Thursday (Oct. 29) by the Bureau of Economic Analysis (BEA). Real GDP grew at an annual rate of...
OppFi is focusing on flexible credit, tech upgrades and its banking ambitions amid persistent inflation and cooling consumer sentiment. The digital lending platform touted these new offerings Wednesday (Oct. 28) as it released third-quarter earnings results showing a 3.8% drop in revenue. The company’s quarterly...
Demand for artificial intelligence infrastructure, business equipment and transportation equipment drove an increase in durable goods orders in September, according to data released Tuesday (Oct. 27) by the Census Bureau. New orders for nondefense capital goods, excluding aircraft, increased by 0.5% in September, according to...
American Express is cutting management layers and expanding artificial intelligence across customer service and commerce, with rules governing how outside agents reach customers’ accounts and benefits. According to a Friday (Oct. 23) third-quarter earnings presentation and management commentary on an earnings call, the company expects...
October 29, 2026
Inflation absorbed almost all of United States consumers’ September spending increase, leaving households paying more for barely any additional goods and services. The monthly result complicates the stronger growth picture in the third-quarter GDP estimate that the Bureau of Economic Analysis announced Thursday (Oct. 29). The economy expanded at a 3.4% annualized rate, up from […]
October 08, 2026
Consumers are entering the final months of the year less worried about losing their jobs, more worried about prices and less confident about where their household finances are headed. The...
October 01, 2026
Consumers may still feel secure about their jobs, but a thinner savings cushion is changing the financial environment in which they manage their money. This finding comes from the September...
September 16, 2026
Consumers didn’t wait to shell out funds for cars, furniture and electronics in August. Retail sales rose 1.2% from July to $773.9 billion, reversing July’s 0.5% decline, with several categories...
October 29, 2026
The nation’s real gross domestic product growth accelerated in the third quarter, driven by gross private domestic investment, including information processing equipment, according to a data released Thursday (Oct. 29) by the Bureau of Economic Analysis (BEA). Real GDP grew at an annual rate of 3.4% in the third quarter. That figure was up from […]
October 28, 2026
OppFi is focusing on flexible credit, tech upgrades and its banking ambitions amid persistent inflation and cooling consumer sentiment. The digital lending platform touted these new offerings Wednesday (Oct. 28)...
October 27, 2026
Demand for artificial intelligence infrastructure, business equipment and transportation equipment drove an increase in durable goods orders in September, according to data released Tuesday (Oct. 27) by the Census Bureau....
October 22, 2026
Credit card delinquencies crept up in September, while net charge-offs declined, according to the latest edition of Seeking Alpha’s Credit Pulse, released Thursday (Oct. 22). This report tracks monthly delinquency and...
