The economy is strong yet consumer sentiment is rock bottom
If you spent your time on the websites of the Bureau of Statistics, the Reserve Bank (RBA) and…
Soaring Household Debt Is a Warning to the US Economy: SocGen
America’s swelling debt pile bodes ill for the the US economy, Société Générale said. In a recent note…
With prices rising, Americans are saving less
Americans are saving less of their income. The personal savings rate was just 2.6% in April, as reported…
China’s consumer spending push faces major challenge – debt-averse households
Chinese households have accelerated deleveraging – cutting debt relative to gross domestic product – at the fastest pace…
Household debt and investment to be part of FY28 GDP data
NEW DELHI: India will factor in the findings of its next nationwide household debt and investment survey into…
3 Key Signs You’re Better With Your Money Than You Think, According to a Ramsey Expert
Many people underestimate how well they’re actually handling their money. Even small habits, like consistently paying off your…
Which age group holds the most credit card debt in the US?
Credit card debt reached an all-time high of $1.2 trillion by the end of 2024, according to data…
Online gambling in SA reaching ‘crisis levels’
The National Gambling Board revealed recently that gross gambling revenue hit nearly R60 billion last year with online…
Total household debt in the U.S. continues to rise, data shows
US household debt rose by $185 billion in the last three months, data shows Updated: 3:41 PM PDT…
Total household debt in the U.S. continues to rise, data shows
US household debt rose by $185 billion in the last three months, data shows Updated: 4:41 PM MDT…
Why so many Chinese are drowning in debt
As a proportion of China’s GDP, household debt has risen from less than 11% in 2006 to more…