President Biden is bequeathing his successor a nation that by many measures is in good shape, even if voters remain ...
President-elect Donald Trump has threatened new tariffs on Chinese and other imports. U.S. retailers, auto makers, and some ...
Millions of Americans have watched their net worth spike since the pandemic, powered by meteoric gains in the stock market.
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...
US credit card defaults have surged to levels not recorded since the 2008 financial crisis, with lenders writing off $46 ...
Mark Zandi, chief economist of Moody's Analytics, also noted the impact of credit card defaults on low-income groups. "High-income households are fine, but the bottom third of U.S. consumers are ...
Wall Street forecasts reviewed by CNN show that most strategists expect double-digit percentage growth for the S&P 500 in ...
Americans defaulted on their credit card loans at levels not seen since 2010, the Financial Times reported Monday. Credit ...
Inflation is coming down, growth is brisk, and the job market has remained surprisingly resilient. How long can this last?
“High-income households are fine, but the bottom third of US consumers are tapped out,” Mark Zandi, head of Moody’s Analytics, told FT. “Their savings rate right now is zero.” Pointing to the findings ...
This year, an average of 186,000 more people were added to payrolls per month versus an average of 240,000 more a month in ...