I was shocked to learn the average customer takes six years to pay off a single purchase - is this true?
Credit card debt in the U.S. has reached a record high of nearly $1.2 trillion, highlighting financial struggles for households.
The rich keep spending, but poorer Americans are struggling
The Federal Reserve raised concerns about the strained finances of low- and moderate-income households impacting consumption outlook.
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High interest rates have not significantly impacted Americans with assets like homes and stocks, leading to continued strong consumption and economic activity.
I was shocked to learn the average customer takes six years to pay off a single purchase - is this true?
Credit card debt in the U.S. has reached a record high of nearly $1.2 trillion, highlighting financial struggles for households.
The rich keep spending, but poorer Americans are struggling
The Federal Reserve raised concerns about the strained finances of low- and moderate-income households impacting consumption outlook.
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High interest rates have not significantly impacted Americans with assets like homes and stocks, leading to continued strong consumption and economic activity.
Rising household debt and shrinking incomes are setting the stage for a recession, top economist says
US economy may be heading towards a recession due to rising debt levels and shrinking incomes among American households.
Mortgage costs to jump for 3m more households, says Bank of England
Millions of households in Britain will face significant increases in mortgage repayments, with around 400,000 homeowners expecting a rise of over 50% in payments.
Bank of England inflation attitudes survey 'suggests the cost of living crisis still feels very real' - London Business News | Londonlovesbusiness.com
The Inflation Attitudes survey reveals concerns about the cost of living crisis and the impact of interest rates on households.