US consumer debt outstanding unexpectedly surged by the most on record in December, reflecting massive increases in credit-card balances and non-revolving credit. Total credit jumped $40.8 billion ...
LONDON, ENGLAND - MAY 10: A shopper carries bags through the Oxford Street financial district on May 10, 2024 in London, England. The Office for National Statistics (ONS) revealed that the UK's gross ...
America’s economic mood continues to deteriorate as President Donald Trump carries on with his sweeping economic agenda. Consumer confidence slid 7.2 points this month to a reading of 92.9, the ...
New York City is experiencing a consumer tech renaissance, attracting startups and investors. One founder said he moved from Silicon Valley to NYC because the city's startup scene was "hotter." ...
The latest Conference Board Consumer Confidence Index report is in—what does falling sentiment mean for grocery prices, dining out, and how we eat in 2025? Consumer confidence is falling, and that ...
Americans are increasingly anxious about their financial prospects, with a closely watched gauge of consumer confidence slumping to a 12-year low amid growing concerns about tariffs and inflation. The ...
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report. Altogether, consumer debt, including student loans ...
Real consumer spending growth is expected to decline to about 1.5% in 2026, though it will remain the backbone of the U.S. economy, according to a Tuesday report from Moody’s Ratings. More cautious ...
U.S. consumer sentiment swooned in March to a more than two-year low, with a preliminary gauge released by the University of Michigan proving far weaker than economists had expected. The preliminary ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday. Consumer spending leapt 0.7% from ...
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