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 ...
Millions of Americans have watched their net worth spike since the pandemic, powered by meteoric gains in the stock market.
Inflation is coming down, growth is brisk, and the job market has remained surprisingly resilient. How long can this last?
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...
The effects of the higher interest rate regime are starting to show up in the US corporate debt market as well. It was ...
Wall Street forecasts reviewed by CNN show that most strategists expect double-digit percentage growth for the S&P 500 in ...
Credit card lenders wrote off $46 billion in seriously delinquent loan balances in 2024, signaling financial stress for US ...
The New York Federal Reserve reported last month that Americans' credit card debt hit another record high in September, ...
Americans defaulted on their credit card loans at levels not seen since 2010, the Financial Times reported Monday. Credit ...
“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 ...