The average real hourly wage, accounting for raises and inflation, went down by 0.3% over the past 12 months.
Stacy Cowley, a reporter from The New York Times, talks about how consumers are going into debt to pay for basic household needs.
Klarna has applied for a bank license in Utah, and other fintechs see traditional banking as a natural evolution.
With the growth of services like buy now, pay later, it’s getting harder to keep up with how consumers are doing.
Surveys consistently show people want to age in their current home. But doing so isn’t always easy or affordable.
Online shopping financed with buy now pay later services hit $940 million on Cyber Monday, an all-time high.
