Stories Tagged as
Debt
Consumers are still strong, despite rising debt delinquencies
by
Justin Ho
Jan 22, 2025
Though many households are faltering on credit card and auto loan payments, wealthier Americans are keeping the spending metrics robust.
Consumers bolster spending figures but carry more debt
Jan 17, 2025
December sales figures showed spending was strong, but more consumers are using credit cards and buy now, pay later programs to finance purchases.
2024 was a record year for bankruptcies. Why?
Jan 9, 2025
The pandemic set the stage for the bankruptcies, although they were delayed by government payouts and PPP loans.
Why it feels like so many restaurants are declaring bankruptcy
Dec 3, 2024
Restaurant foot traffic has declined in the U.S. by 3%-3.5%. And expenses are way up.
Nearly half of Americans are still paying off 2023 holiday debt, survey says
Nov 29, 2024
The proportion has doubled since last year. Amid constant advertising, more people have credit card balances and those balances are rising.
Buy now, pay later transactions likely headed for record holiday season
Nov 28, 2024
The 0% interest on many buy now, pay later plans is appealing to cash-strapped holiday shoppers. But nonpayment ends up on credit reports.
Report finds retirees feeling stretched financially
Nov 14, 2024
The study from the Employee Benefit Research Institute finds many retirees worried they are spending more than they can afford.
For public good, not for profit.
Credit seems easier to get, survey says, but people worry about missing payments
by
Justin Ho
Oct 16, 2024
Even though interest rates have been falling, people are more reluctant to take on new debt.
Investment banking is making big bucks right now
by
Justin Ho
Oct 16, 2024
Investment bankers help companies raise money through the stock market or by taking advantage of falling interest rates.
How Harris, Trump plans compare on the national debt, and why you should care
Oct 11, 2024
The Committee for a Responsible Federal Budget says both candidates' tax and spending promises would widen deficits, Trump's by a lot more.