Household Credit Card Debt Soars
In the sharpest climb since 1999, American households saw their credit card debt surge 13% in the second quarter, indicating as inflation has begun spreading through the economy, consumers are…
Trends Make The Portfolio
In the sharpest climb since 1999, American households saw their credit card debt surge 13% in the second quarter, indicating as inflation has begun spreading through the economy, consumers are…
Alignable’s July rent report was just released, and it paints a concerning picture about the effects of the economy on small businesses. The report is based on a survey of…
One top wall street economist is warning current economic numbers would make it appear the Fed is going to have a very tough time creating a soft landing as they…
Investors are worrying over China’s economic health again, as factory activity unexpectedly contracted in July while property sales continued to decline. All that occurred amid a backdrop of worries of…
Stock futures were down slightly Sunday night after the market closed out the best month since 2020, as the market prepares for the uncertainty of another week of key earnings…
The Atlanta Fed GDPNow model was released, predicting Q3 growth would come in at 2.1%. When they released it, the Atlanta Fed added, “The initial GDPNow model estimate for real GDP…
Stocks rallied on Friday, a third day of gains that made this the best month for the S&P 500 since November of 2020. The S&P 500 was up 1.4%, the…
As inflation has ramped up, one factor which has countered its effect were high levels of personal savings by consumers. However a few recent studies have indicated those caches of…
Gross Domestic Product fell 0.9%, year over year, according to the advance estimate, the Bureau of Economic Analysis reported Thursday. That follows a contraction in the first quarter of 1.6%,…
Walmart just gave surprisingly downbeat guidance which has investors reassessing the likelihood of a recession. The biggest retailer in the world just slashed both second quarter and full-year profit estimates…