Canada faces a potentially severe recession, with high consumer debt, many living paycheck to paycheck, weak GDP growth, and uncertain central bank guidance.
'Big Short' investor Steve Eisman warns the U.S. economy is a 'tale of two cities' that 'is not even growing 50 basis points outside of AI' | Fortune
U.S. GDP growth heavily relies on AI infrastructure spending; excluding AI gains reveals near-zero real growth and widespread consumer financial stress.
How "Buy Now, Pay Later" Seduced a Generation-and Trapped It in Debt | The Walrus
Buy-now-pay-later services let consumers receive goods immediately while deferring payment, functioning as microloans without credit checks and creating hidden or 'phantom' debt risks.
The Quirky World of Store Credit Cards: Are They Worth It and How to Maximize Them?
Store-branded credit cards, like Target Red Card, offer enticing benefits such as discounts on purchases but come with high APRs that can lead to debt.
714 is typical Californian's credit score. How does that rank?
When averaged across two leading bureaus, Californians hold a credit score of 714, ranking 24th among the states, signaling acceptable borrowing potential.
Bilt's credit card now lets you pay your student loans with points
"By enabling members to redeem Bilt Points toward student loan payments, we're addressing a critical financial need while continuing to differentiate our program as offering the most valuable and flexible points currency in the industry."