U.S. Credit Card Losses for Top 100 Hit a 7-Yr Q3 High
Consumer credit card losses, or charge-offs, among the Top 100 U.S. banks, are continuing to rise to levels for a third-quarter not seen since …
Spending
Small Business Owner Recession Concerns Subside
Small business owner optimism continues to hold steady despite concerning and growing global economic negative indicators. However, the delay in turmoil is likely linked …
Credit Card Debt Slides After Aberrant Summer Bump
U.S. credit card debt continued to decline in September for the second consecutive month following a July surge and an April/May spending binge. In …
U.S. Credit Card Debt Begins to Slide in Tandem with Confidence
U.S. credit card debt began to unravel in August as Americans knocked-off $2 billion in new revolving consumer debt, mostly credit card debt. After …
Trade Tariff Tensions Dampening Consumer Confidence
Trade tariff tensions are among the mounting evidence the American economy is spiraling downward as consumers begin to lose the faith that all is …
Main Street Recession Talk Spooks Wall St & Scares Small Biz
Main Street recession talk is disrupting small business plans and bubbling Downtown to Wall Street. Another short-term interest rate today cut (second time this …
U.S. Revolving Consumer Credit Explodes by $10B
U.S. revolving consumer credit exploded in July as Americans racked up $10 billion in new revolving debt, mostly credit card debt. After adding a …
Trade Tariffs Destroy Consumer Confidence After Spring Love Fest
Trade tariffs trash talk is terrorizing America consumer confidence bigly as consumers no longer need tea leaves to see what lies ahead for their …
Australian Economy Meltdown Continues as Card Spending Spirals Down
The Australian economy meltdown continues as consumers are pulling back on spending and credit card usage. Qantas, Coles and The Reject Shop all posted …
It’s Qualified Workers, Stupid, Not da Economy Sez Biz Owners
Small business owners says qualified workers remain the major stumbling block to expansion. Nonetheless, U.S. business owners expressed optimism in July as expectations for …
