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Savannah Peters

Reporter

SHORT BIO

Savannah is a reporter based out of Albuquerque, New Mexico. Her reporting centers on Indigenous communities and rural economies.

Latest Stories (326)

Buy now, pay later programs — useful tool or slippery slope?

Jun 18, 2024
At a time of high prices and interest rates, BNPL offerings are tempting. But they could lead vulnerable consumers into a debt spiral.
BNPL users generally carry more debt and have less money in the bank, according to research from the Boston Fed.
Getty Images

Small businesses are apprehensive these days

Jun 11, 2024
The NFIB reports a spike in its uncertainty index, perhaps triggered by thrifty consumers and the upcoming election.
The feeling of certainty about future business conditions has waned among merchants, according to the National Federation of Independent Business.
Scott Olson/Getty Images

After last year's Pride backlash, many brands back away from trans-inclusive campaigns

Jun 10, 2024
After a period in which companies tried to stand out with progressive messages, experts see brands proceeding with caution this year.
Brandon Bell/Getty Images

The rise of the super commuters

Jun 4, 2024
New research out from Stanford finds the number of 40-plus-mile commutes are increasing as many workers only need to travel to work a few days a week. And the share of workers traveling 75 miles or more is up a third since the start of the pandemic.
The share of workers traveling 75 miles or more is up one third since the start of the pandemic.
Kevin Carter/Getty Images

Buy Now, Pay Later platforms will soon be more regulated

May 22, 2024
The Consumer Financial Protection Bureau announced new rules today requiring companies like Afterpay and Klarna to investigate when customers dispute a charge, and issue refunds for returned products. They'll also have to provide periodic billing statements.
Rohit Chopra, director of the Consumer Financial Protection Bureau, speaks at a Senate hearing. The CFPB recently announced new rules for Buy Now, Pay Later firms that signal the CFPB will move toward treating them like credit card providers.
Michael A. McCoy/Getty Images

New research finds Native households are more financially stressed

May 21, 2024
The Fed's annual Survey of Household Economics and Decisionmaking doesn't include breakout data on American Indian and Alaska Native households. New research aims to fill that data gap.
The SHED survey does capture responses from Native people, but they make up just about 1% of the total sample.
Wasan Tita/Getty Images

How can the WNBA maximize this moment?

May 14, 2024
Superstar rookies Caitlin Clark, Angel Reese and Kamila Cardoso bring a new wave of fans and media attention to the professional game — and now the WNBA's challenge is making it last.
Star players like Caitlin Clark don't hang around forever, so the WNBA is now tasked with getting new fans invested in teams, storylines and the league as a whole.
Gregory Shamus/Getty Images

Fast-food chains may need to offer more value meals to lure customers

May 13, 2024
McDonalds, KFC and Pizza Hut have reported soft sales as customers reject inflated prices. That means franchises have to get creative.
Fast-food restaurants hope that meal deals will bring back patrons who feel that eating out has become too expensive.
Brandon Bell/Getty Images

Buy now, pay later debt grows but is hidden from credit bureaus

May 13, 2024
Adobe Analytics projects that buy now, pay later loans could drive as much as $84 billion in spending in 2024. But the debt shoppers are racking up is basically hidden from credit bureaus, lenders and economists.
Consumers are increasingly opting for buy now, pay later options. And that debt is basically invisible to credit bureaus and lenders.
i_frontier/Getty Images

Gen Z is taking on more credit card debt

May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
Adjusted for inflation, members of Gen Z ages 22 to 24 are carrying roughly a quarter more debt than millennials in the same age range a decade ago.
Matt Cardy/Getty Images