December 10, 2019
December 10, 2019
U.S. household debt rose to a record $14 trillion in the third quarter, led by an increase in mortgage loans, according to the Federal Reserve Bank […]
November 19, 2019
U.S. consumers are doing fine, but they don’t look like the force they were earlier in the year. Retail sales rose 0.3% in October from a […]
November 15, 2019
November 15, 2019
Whether a recession is on the horizon or not is anyone’s guess. However, according to the latest CNBC Invest in You survey, two-thirds of respondents think […]
November 13, 2019
November 13, 2019
Banks are tightening their standards on credit card loans in the third quarter, out of concern with the more uncertain economic outlook, according to the latest […]
October 31, 2019
Consumer retail spending around Halloween is expected to be high but fall slightly short of last year’s total, according to the latest survey from the National […]
October 22, 2019
October 22, 2019
Small and mid-sized businesses are having a harder time getting credit and that’s having an impact on their plans to hire. Those are findings of a […]
October 15, 2019
October 15, 2019
US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]
October 8, 2019
October 8, 2019
U.S. consumer credit increased more than forecast in August as school loans and other non-revolving debt rose by the most in three years. Total credit climbed […]
September 24, 2019
September 24, 2019
Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans […]