Comparatively, 1 in 10 white borrowers are turned away.
A more detailed look at the numbers reveals a more complex picture about Americans’ debt.
Demand for alternatives to Russian exports, including seafood, has given this Norwegian fishing village a big economic boost.
Falling interest rates on Treasuries could lead to lower mortgage rates, which are key to a recovery in the housing market.
At a time of high prices and interest rates, BNPL offerings are tempting. But they could lead vulnerable consumers into a debt spiral.
Fisker filed for bankruptcy, underscoring the electric vehicle market’s troubles. More options and standardization may help.
The rise of third party sellers on sites like Amazon and Temu make it easier for people to sell fakes.
Rising bond prices mean lower interest rates, indicating that the market is betting on rate cuts by the Federal Reserve.
The Trasks recently opened JT’s Steakhouse, a farm-to-table restaurant in Ely, Nevada.
Chains that offer sales for members don’t just bring in customers. They also get valuable data for better-targeted advertising.