The money consumers saved during the pandemic has been spent. Savings are pressured, and credit card debt is mounting. When it comes to keeping current...
More consumers are making their loan payments on time, aided by slower inflation and other trends. Late payments on loans have leveled off after increasing...
For Mytheresa CEO Michael Kliger, there was no doubt about his company’s performance during the fourth quarter and fiscal year. “We clearly see ourselves as a...
For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing...
Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about...
A new report suggests Americans will slow their holiday spending this year compared to 2023. The annual holiday retail forecast from consulting firm Deloitte, released Thursday (Sept. 12),...
Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s...
The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...
Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS...