consumer finance

Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
October 06, 2023  |  Retail

Amid ongoing financial challenges, Conagra Brands is seeing consumers’ desire to save on food spending finally outweigh their demand for convenience, with a shift towards...

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60% of Cash-Strapped Consumers Still Splurge on Nonessentials
60% of Cash-Strapped Consumers Still Splurge on Nonessentials
October 06, 2023  |  Consumer Finance

In today’s consumer-driven society, it is not uncommon for individuals, even those living paycheck to paycheck and struggling to pay bills, to indulge in occasional...

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Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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Nearly 12% of Americans See Incomes Decrease as Business Slows
Nearly 12% of Americans See Incomes Decrease as Business Slows
October 04, 2023  |  Economy

More and more Americans are seeing income levels drop, a new labor market survey shows. As Bloomberg News reported Wednesday (Oct. 4), a survey by Morning Consult finds that...

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Economists Expect Limited Macro Impact From Student Loan Payment Resumption
Economists Expect Limited Macro Impact From Student Loan Payment Resumption
October 02, 2023  |  Consumer Finance

The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While...

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High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
September 29, 2023  |  Consumer Finance

Credit card installment plans for common purchases are gaining popularity among consumers, who are drawn to the flexibility they offer in managing their spending and...

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Holiday Season Creates Financial Stress for Two-Thirds of US Consumers
Holiday Season Creates Financial Stress for Two-Thirds of US Consumers
September 27, 2023  |  Consumer Finance

Living paycheck to paycheck continues to be the predominant financial lifestyle in the United States, even as inflation has slowed. As of August 2023, 60%...

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80% of Americans See Savings Decline Since Pandemic Peak
80% of Americans See Savings Decline Since Pandemic Peak
September 25, 2023  |  Economy

Most Americans are reportedly facing financial challenges as their pandemic savings have dwindled. Beyond the wealthiest 20% of the U.S., Americans have depleted their extra...

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Goldman: Credit Card Losses Climbing at Quickest Rate Since 2008
Goldman: Credit Card Losses Climbing at Quickest Rate Since 2008
September 24, 2023  |  Consumer Finance

Credit card companies are seeing losses rise at the fastest rate since the Great Recession. That’s according to a widely shared Goldman Sachs research note...

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