consumer finance

Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
April 18, 2025  |  Banking

The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop...

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Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious
Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious
April 16, 2025  |  Banking

In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America...

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High-Income Consumers 64% More Inclined to Seek Mortgages
High-Income Consumers 64% More Inclined to Seek Mortgages
April 16, 2025  |  Consumer Finance

Contrary to conventional wisdom, a recent PYMNTS report, “Interest in Mortgages Rises Among Younger, High-Income Individuals,” uncovers that income level is a significantly stronger predictor than...

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Credit Card Performance Metrics Show Signs of ‘Consumer Distress’
Credit Card Performance Metrics Show Signs of ‘Consumer Distress’
April 09, 2025  |  Credit Cards

Credit card performance metrics are showing signs of “consumer distress,” the Federal Reserve Bank of Philadelphia said Wednesday (April  9). Both the percentage of credit...

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Consumers Gird for Tariffs’ Sting as Spending on Cards Is Sluggish  
Consumers Gird for Tariffs’ Sting as Spending on Cards Is Sluggish  
April 07, 2025  |  Consumer Insights

The latest data on consumer borrowing indicates that households pared back on debt — overall — in February amid headlines and uncertainty about tariffs. Spending...

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From Cars to Clothes, Tariffs Cost Lower-Income Consumers $1,700 Annually
From Cars to Clothes, Tariffs Cost Lower-Income Consumers $1,700 Annually
April 07, 2025  |  Economy

Less than a week into the new reality of tariffs, the impact to U.S. households is coming into sharper focus. The hit to the family...

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What Pinball Tells Us About Spending in the Post-Tariff World
What Pinball Tells Us About Spending in the Post-Tariff World
April 07, 2025  |  Consumer Finance

It takes a lot to get most people to agree on anything. Even members of the same family have a hard time deciding what movie...

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March Jobs Data May Keep Consumers on Edge as Unemployment Inches Up
March Jobs Data May Keep Consumers on Edge as Unemployment Inches Up
April 04, 2025  |  Economy

The latest jobs report, released Friday (April 4), may prove to be a high-water mark for hiring — reflecting March’s surge before the maelstrom of...

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Walking the Pocketbook Tightrope: How Consumers Are Balancing Uncertainty and Spending
Walking the Pocketbook Tightrope: How Consumers Are Balancing Uncertainty and Spending
April 02, 2025  |  Consumer Insights

When economic winds shift, so do consumer spending habits. But not always in expected ways. Amid tariffs, stubborn inflation and higher living costs, many consumers...

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