The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....
Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed...
The surge in interest rates has resulted in record-high loan payments for consumers who have borrowed money to purchase new cars. With one in five...
Major players in the parcel delivery industry are reportedly facing a weak holiday shipping season as demand for goods slows down. In response, both UPS and FedEx are...
Ledger, a French firm building hardware and software for securing crypto assets, is laying off 12% of its staff. “Macroeconomic headwinds are limiting our ability...
Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock’s substantial gains this...
Discover Financial Services has reportedly reached an agreement with the Federal Deposit Insurance Corporation (FDIC) to improve consumer compliance. This development resulted in a 7%...
Generative artificial intelligence (AI) is experiencing a rocket-propelled growth, and there are a few firms helping determine that ship’s trajectory. Among them is British chip...
Jamie Dimon, the chairman and CEO of J.P. Morgan Chase & Co., has reportedly voiced his criticism of the stricter capital rules proposed by U.S. regulators....