inflation

Consumer Spending Increases 0.3 Pct; Inflation Steady In August
Consumer Spending Increases 0.3 Pct; Inflation Steady In August
September 28, 2018  |  Consumer Finance

Data released Friday (Sept. 28) shows that U.S. consumer spending grew in August by 30 basis points, as estimated by the Commerce Department. Inflation continued to...

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Turkey’s Central Bank Raises Rate Credit Card Lenders Can Charge
Turkey’s Central Bank Raises Rate Credit Card Lenders Can Charge
September 17, 2018  |  Loans

Turkey’s central bank announced effective in October it is raising the maximum interest rate credit card lenders can charge. According to a report in Reuters citing...

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Amid Crypto Crashes, ndau — The Buoyant Coin, Launches
Amid Crypto Crashes, ndau — The Buoyant Coin, Launches
September 14, 2018  |  Cryptocurrency

Cryptos are crashing. Good time to come to market with a new coin? Now comes ndau, billed as a buoyant stable coin that is designed...

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Median Household Income Tops $61K In 2017, Up 1.8 Pct
Median Household Income Tops $61K In 2017, Up 1.8 Pct
September 13, 2018  |  Consumer Finance

New census data shows that U.S. household incomes rose for the third straight year, up 1.8 percent when adjusted for inflation. The Wall Street Journal...

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How The Amazon Effect Affects Inflation, eCommerce
How The Amazon Effect Affects Inflation, eCommerce
August 27, 2018  |  Economy

When thinking about the “Amazon Effect,” one may think invariably about retail, and the impact the eCommerce giant has on the sector — changing the...

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The Concerning Creep In Consumer Debt
The Concerning Creep In Consumer Debt
August 21, 2018  |  Economy

U.S. consumer debt has been on the rise for the last year and hit $13.29 trillion during the quarter ending in June, according to the...

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The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
August 21, 2018  |  Alternative Finances

While the Great Recession technically began in Dec. 2007, most people remember a different date as the “real” start to the Great Recession: Sept. 15, 2008....

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Currency Upheaval Prompts Venezuelan Shopping Frenzy
Currency Upheaval Prompts Venezuelan Shopping Frenzy
August 20, 2018  |  International

Venezuelans were jamming stores and gas stations late last week as worries about an overhaul of monetary policies could create financial havoc, preventing even basic...

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Consumer Sentiment Misses Expectations, Nears Sept. 2017 Lows
Consumer Sentiment Misses Expectations, Nears Sept. 2017 Lows
August 17, 2018  |  Economy

Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. As noted by CNBC...

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