U.S. economy

Twenty-Eight Percent Of Home Equity Borrowers Over 60 In 2017
Twenty-Eight Percent Of Home Equity Borrowers Over 60 In 2017
May 18, 2018  |  Debt

The rich are getting richer, at least in terms of household wealth. The Wall Street Journal reports that, despite a strong recovery of home equity...

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Moody’s: Underwriting Standards Loosen, A Bit, In Q1
Moody’s: Underwriting Standards Loosen, A Bit, In Q1
May 09, 2018  |  Consumer Finance

It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. The findings, contained...

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Higher Consumer Confidence And Homes Sales Bode Well
Higher Consumer Confidence And Homes Sales Bode Well
April 24, 2018  |  Economy

Two new reports point to underlying strength in the U.S. economy, despite signs that growth slowed in the first quarter, Reuters reported on Tuesday (April...

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Retail Sales Bounce Back With 0.6 Percent March Increase
Retail Sales Bounce Back With 0.6 Percent March Increase
April 16, 2018  |  Retail

After looking sluggish in the first few months of the year, U.S. retail sales bounced back a bit in March, according to figures just released by...

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Fed’s Powell Credits Amazon For Low Inflation
Fed’s Powell Credits Amazon For Low Inflation
March 02, 2018  |  Amazon

When asked why inflation has been so low for the past decade, Federal Reserve Chairman Jerome Powell had an interesting answer: the Amazon effect. “It’s...

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US Household Debt Spikes In Q4 2017
US Household Debt Spikes In Q4 2017
February 14, 2018  |  Debt

Thanks in part to a rising number of mortgage loans, the debt levels of Americans increased during the last three months of 2017. Reuters, citing...

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All Economies Around The Globe Growing At Same Time
All Economies Around The Globe Growing At Same Time
January 29, 2018  |  Economy

Ten years after the world was embroiled in a widespread economic crisis, every one of the world’s major economies are growing at the same time....

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Big Four U.S. Banks Hit With $12.5B In Credit Card Losses
Big Four U.S. Banks Hit With $12.5B In Credit Card Losses
January 22, 2018  |  Debt

When it comes to credit card debt, American consumers aren’t the only ones who are suffering. New results show that the big four U.S. retail...

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Consumers’ Spending Blows Past September Estimates
Consumers’ Spending Blows Past September Estimates
October 31, 2017  |  Consumer Insights

U.S. consumer spending saw its largest increase in more than eight years in September, buoyed by the replacement of flood-damaged vehicles in Texas and Florida,...

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