U.S. economy

Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
January 21, 2019  |  Debt

The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops...

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Shutdown Halts Payments To Government Contractors
Shutdown Halts Payments To Government Contractors
January 18, 2019  |  B2B Payments

The record-breaking government shutdown is at the center of debate, largely for its impact on unpaid government workers. However, reports in Bloomberg point to another community...

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Stock Market Rout Could Hit Wealthy Households In 2019
Stock Market Rout Could Hit Wealthy Households In 2019
January 16, 2019  |  Economy

With the stock market selling off in recent weeks, Goldman Sachs is warning that wealthy households will feel some of the pain. According to a...

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US Banking Industry Had No Failures In 2018
US Banking Industry Had No Failures In 2018
January 10, 2019  |  Economy

U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. According...

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Americans Aren’t Struggling Despite Rising Consumer Debt
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019  |  Economy

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...

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Warnings Sound Again Over Corporates’ $9T Debt
Warnings Sound Again Over Corporates’ $9T Debt
November 26, 2018  |  B2B Payments

U.S. corporates are weighed down by $9 trillion in debt that analysts have said could lead to economic trouble in only a few years. Recent...

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Forty-Six Percent Of Americans Live Paycheck To Paycheck
Forty-Six Percent Of Americans Live Paycheck To Paycheck
November 13, 2018  |  Economy

When it comes to the economy here in the U.S., the big picture – call it the “top down” view – looks fairly rosy. But...

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GDP Continues Growth Trajectory On Consumer Spending
GDP Continues Growth Trajectory On Consumer Spending
October 26, 2018  |  Economy

Data from the Commerce Department Friday (October 26) show an initial reading of GDP growth for the third quarter at 3.5 percent annualized, boosted by...

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Survey Shows Fall In US Consumer Sentiment
Survey Shows Fall In US Consumer Sentiment
October 12, 2018  |  Consumer Finance

Indicating that Americans may have a less favorable view of their own finances, the University of Michigan Survey of Consumers fell to a gauge of...

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