March 14, 2025

consumer spending

Finance

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services —

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Loans

5 Best Installment Loans For Bad Credit

Installment loans give you something even more valuable than money — time. These loans give you a lump sum of cash and let you pay down your debt in regular, scheduled installments. But if you have bad credit, the peace of mind that comes with installment loans may seem out of reach. Fortunately, lenders exist

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Finance

A ‘new normal’ for consumers is here: Morning Brief

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Economists and investors have been on consumer-slump watch over the past couple of months. Warnings signs included a slump in retail sales in June and Amazon’s CFO flagging “cautious consumers.” Analysts were bracing

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Funds

Are Hedge Funds Recommending General Motors Company (GM) Now?

We recently compiled a list of the 10 Best Consumer Discretionary Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against the other consumer discretionary stocks. Many experts and analysts are concerned about a slowdown in consumer spending. However, reports show

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Investment

Should You Invest In This Consumer Discretionary Stock Now?

We recently compiled a list of the 10 Best Consumer Discretionary Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where PDD Holdings Inc. (NASDAQ:PDD) stands against the other consumer discretionary stocks. Many experts and analysts are concerned about a slowdown in consumer spending. However, reports show

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Loans

Better Mortgage Review 2024

With low rates, no lender fees and a rate match guarantee, Better is a great option for saving money. Plus, Better loan officers don’t operate on commission, so you won’t face high-pressure tactics. We like Better’s nationwide availability and its speedy approval process and closing timeline can get you into your new home faster. While

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Loans

Housing market update: 30-year fixed mortgage rates drop to 6.47 percent

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate. The rate fell to 6.47% from 6.73% last week, mortgage buyer Freddie Mac said Thursday. A year ago,

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Mortgage

Discover Home Equity Loan Review 2024

Discover® home equity loans have a lower-than-average minimum APR and no application, origination or appraisal fees — a standout feature among lenders, especially since closing costs can reach up to 6% of your total loan amount. We also like that Discover approves loans for borrowers with as little as 10% equity and in nearly every

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Loans

Student Loans With Fastest Co-Signer Release Of July 2024

A creditworthy co-signer can help you get the top private student loans with favorable interest rates. But being a co-signer means taking on a lot of responsibility: You’re on the hook for any debt the borrower can’t pay off. As a co-signer on a loan, that debt shows up on your credit report and your

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Loans

Best FHA Mortgage Lenders Of July 2024

If you’re shopping for a mortgage with bad credit or want to make a small down payment, consider a Federal Housing Administration (FHA) loan. Created during the Great Depression to help low-income and moderate-income Americans buy homes, these government-backed mortgages accept borrowers with credit scores as low as 580 with 3.5% down. Borrowers who put

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