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Looking for the latest Government Contracting News? Read about Pentagon Names New Command Senior Enlisted Leader, Advisers at Cybercom, DTRA, DLA.
Retailers are bracing for cost-conscious shoppers, and cash-strapped customers are on the hunt for deals. Will this be the most unusual time of the year?
As consumers grapple with surging inflation and rising interest rates, they are taking on more debt to mitigate household financial pressures.
/PRNewswire/ -- An astounding 498,000 primarily Black and Hispanic students who attend 639 high schools across the United States will have access to a personal...
Mortgage debt is rising despite the fact that mortgage originations for refinances and purchases are trending downward. The Federal Reserve Bank of New York's quarterly household debt report shows an increase in household debt of $266 billion (1.7%) to $15.84 trillion for the first quarter of 2022. But new loan originations – both for home purchases and refinancing of existing mortgages – fell to $859 billion, the lowest since the second quarter of 2020.