The Bureau of Labor Statistics’ January employment report, released Wednesday (Feb. 11), delivered the kind of headline that suggests calm. Payrolls rose by 130,000 and the unemployment rate held at 4.3%. On its face, that’s a labor market that’s still adding jobs, but no longer...
Consumer confidence dropped to its lowest point since 2014 in January, with survey respondents expressing concerns about a range of factors that affect the economy, The Conference Board said Tuesday (Jan. 27). “References to prices and inflation, oil and gas prices, and food and grocery...
More than 9 million student loan borrowers have missed at least one payment this year. That’s according to a report Saturday (Dec. 13) from the Financial Times (FT), which notes that delinquencies in the $1.7 trillion student loan market are soaring following the end of...
A leading Federal Reserve official warns that problems of poorer Americans could threaten economic growth. In an interview Saturday (Nov. 8) with the Financial Times (FT), New York Fed President John Williams says data and conversations with community leaders spotlighted the affordability crisis facing many...
February 11, 2026
The Bureau of Labor Statistics’ January employment report, released Wednesday (Feb. 11), delivered the kind of headline that suggests calm. Payrolls rose by 130,000 and the unemployment rate held at 4.3%. On its face, that’s a labor market that’s still adding jobs, but no longer running hot. Yet for banking, FinTech and payments leaders, the […]
March 25, 2025
Consumers are weighed down by concerns about tariffs and the state of their own financial conditions — and they’re anything but confident. As they eye the so-far-unknown impact of tariffs,...
January 10, 2025
For the jobs market, this is the way the year ends — not with a whimper but a bang. Data released Friday (Jan. 10) by the Bureau of Labor Statistics...
December 06, 2024
It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect of moving on to the...
October 22, 2026
There were 6,000 fewer initial claims for unemployment last week than the previous week, with multiple media reports saying the labor market remains about as steady as it has been since the 1960s. There were 194,000 initial claims for unemployment insurance during the week ended Saturday (Oct. 17), a figure that was 6,000 lower than […]
January 27, 2026
Consumer confidence dropped to its lowest point since 2014 in January, with survey respondents expressing concerns about a range of factors that affect the economy, The Conference Board said Tuesday...
December 14, 2025
More than 9 million student loan borrowers have missed at least one payment this year. That’s according to a report Saturday (Dec. 13) from the Financial Times (FT), which notes...
November 09, 2025
A leading Federal Reserve official warns that problems of poorer Americans could threaten economic growth. In an interview Saturday (Nov. 8) with the Financial Times (FT), New York Fed President...