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Buy now, pay later services not good in America’s affordability crisis
3+ week, 2+ day ago (198+ words) ATLANTA — If consumers are using credit to survive the affordability crisis, they may need to put the cards away and return to cash only, according to Channel 2 consumer advisor Clark Howard. Howard says America’s affordability crisis is an issue that…...
The Top 5% of Americans Are Outspending Their Own Paychecks. That's the Risk to Watch.
3+ week, 6+ day ago (285+ words) America’s consumer may be less divided than investors think. But one group is still behaving very differently from everyone else: the richest 5% of households. Bank of America’s latest data show spending growth has increasingly converged across income groups. Lower-income households…...