This finance writer argues big-box stores trick us into thinking we want lower prices — here’s what she means With every trip to a grocery or department store, consumers continue to be hit hard by rising prices. The U.S. Department of Agriculture said that the Consumer Price Index for food increased by 25% between 2019
Yuri A // Shutterstock If you’re like most borrowers, your monthly loan and credit card payments have increased, even from a few months ago, according to Experian data. As of February 2024, the average amount consumers needed to repay all of their monthly debt obligations climbed to $1,225. For each major type of loan—credit cards,
Consumers are feeling less confident about the future state of the US economy, according to new data released Tuesday morning. The Conference Board’s Consumer Confidence Index for March came in at a reading of 104.7, little changed from a revised 104.8 in February but short of the 107 reading expected by economists. The “Present Situation
Money is tight, food prices are soaring, and that’s turning more and more Americans to buy now, pay later options to stay afloat. Last year, some 15 million consumers — or 6.5% of the US population — reported using BNPL installment loans to pay for groceries or manage their weekly food expenses, according to research
BlackRock CEO Larry Fink Anadolu Agency via Getty Images These are rough times for “woke investing,” Wall Street’s embattled practice of doing well by doing good. For the first time since the strategy was born in the 2010s, more American investors are leaving environmentally responsible exchange-traded funds than are buying in, and this month three