Credit card defaults in the US skyrocketed by 50% in the past year. Credit card defaults reached $46 billion in the first nine months of 2024, a level not seen...
Over 6,481 retailers have closed their doors since the beginning of the new year, according to data from Coresight Research in November, but that figure is expected...
APR fees on credit cards have never been higher, reaching an average of 24.92% as of September 2024 in the United States. In fact, credit card interest rates have...
My humorous post about McDonald’s celebrating Davos with the McKlaus bug burger deluxe was a pretend advertisement, for now, but McDonald’s is a World Economic...
Americans are planning to increase their holiday spending this year, according to a Gallup poll, which believes Christmas spending in 2023 will be the highest on...
Retailers have been preparing for Black Friday and Cyber Monday all year. The tradition of post-Thanksgiving shopping has spread internationally with companies...
The final quarter is the biggest season for retail. The National Retail Federation believes Americans will continue spending this holiday season despite inflation....
Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...
Inflation will not deter Americans from celebrating Father’s Day. Consumers are expected to spend $20 billion on Father’s Day this year, according to the...
No one expected the recent 25-basis point rise in rates to curb inflation in a meaningful way. There are numerous variables contributing to this situation that are...
