June 8, 2020
June 8, 2020
Consumer confidence has collapsed amid the coronavirus pandemic and isn’t getting a lift from states re-opening their economies, according to a new report. A Morning Consult […]
May 19, 2020
Spending on JPMorgan Chase & Co. credit cards plunged 40% for the average U.S. family at the start of the coronavirus slowdown, an “enormous” drop that […]
April 9, 2020
April 9, 2020
More than a quarter of the U.S. economy has ground to a halt in recent weeks as the coronavirus pandemic shutters nonessential businesses and generates millions of […]
April 6, 2020
April 6, 2020
Visa once again lowered its outlook for revenue growth in the fiscal second quarter, saying the coronavirus pandemic has led to a sharp decline in cardholders’ […]
March 11, 2020
March 11, 2020
It’s hard to believe that less than three weeks ago the S&P 500 closed at an all-time high. This was largely due to the enduring strength […]
February 27, 2020
February 27, 2020
Consumer credit delinquencies were mixed in the third quarter of 2019, with delinquencies rising for the composite index of closed-end loans, according to the American Bankers […]
February 24, 2020
Auto loan origination volume continues to increase despite affordability concerns overshadowing the industry, according to TransUnion’s Q4 2019 Industry Insights Report. In fact, auto originations grew […]
February 17, 2020
February 17, 2020
Credit-card debt rose to a record in the final quarter of 2019 as Americans spent aggressively amid a strong economy and job market, and the proportion […]
February 14, 2020
February 14, 2020
It seems like the love for Valentine’s Day is growing every year. National Retail Federations’ Annual 2020 Valentine’s Day Spending Survey, conducted by Proper Insights & […]