Recession

August 17, 2015

Back-to-School Shopping: In-Store or Online?

American parents with kids in kindergarten through 12th grade will spend an estimated $24.9 billion back-to-school shopping this year. From pencils and folders to that all […]
August 11, 2015

A New First: Americans Spend More on Eating Out Than Groceries

Pass the menu, hold the shopping cart.  Grocery stores are finding it harder to make headway with shoppers as a surge in spending at restaurants over the past […]
August 6, 2015

Home Ownership at Lowest Level in Almost 50 Years

The U.S. homeownership rate fell to 63.4% in the second quarter of 2015, according to the U.S. Census. That is down from 63.7% in the first […]
July 30, 2015

Bad Money Moves from the Last Decade

The 2000s gave us the iPod, Beyonce’s solo career, the dawn of American Idol, and the first Toyota Prius.  But the 2000s also brought us the housing […]
July 23, 2015

Foreclosures Dip Below Pre-Crisis Levels

Foreclosure volume was down 3% for the first 6 months of 2015 compared with the same time span last year, a new report from RealtyTrac found.  […]
July 20, 2015

Regional Banks Turn 2Q into a Fee-for-All

Looking for a bright spot among regional banks’ so-so results in the first week of earnings season?  Try fee income.  M&T Bank, PNC Financial Services Group […]
July 14, 2015

Having a Working Mother Is Good For You

When a woman works outside of the home before her children are 14 years old, she improves her daughter’s career prospects, a new report found. Harvard Business School’s recently […]
July 13, 2015

3 Types of Students Carry Heaviest Student Loan Debt

With 17% of borrowers behind in their payments or in default on the nation’s $1.2 trillion in college loans, it’s not surprising that student debt is emerging as […]
July 10, 2015

The Staggering Costs of Student Loan Debt

The numbers are staggering: more than $1.2 trillion in outstanding student loan debt, 40 million borrowers, an average balance of $29,000.  It’s not hard to find […]