Will Restart of Student Loan Payments Be the Last Straw for Consumers?
Mykail James has a plan for when payments on her roughly $75,000 in student loans restart next month. She’ll cut back on her “fun budget” — money reserved for travel…
U.S. Consumers Show Signs of Stress
After a post-pandemic shopping spree, some Americans are becoming more selective with their spending as they struggle with factors like inflation. Although overall consumer spending remains strong, analysts say they…
U.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on…