Stories Tagged as
Borrowing
Business investment, part of GDP, reflects the level of optimism
Jul 22, 2024
Whether it’s new machines for a factory or better software to manage payments, companies spend because they see opportunities.
Why isn't the cost of borrowing money included in the consumer price index?
May 15, 2024
Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.
Gen Z is taking on more credit card debt
May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
Why is credit card debt rising again?
by
Justin Ho
Jan 29, 2024
Delinquencies are up, especially for people with lower incomes and multiple types of debt, according to the New York Fed.
Delinquency rates rise for some types of household debt
by
Justin Ho
Jan 8, 2024
But other positive factors in the economy are limiting the potential damage, economists say, like low unemployment.
The Fed might cut interest rates soon. That's weighing on business owners' plans.
by
Justin Ho
Jan 2, 2024
Do they wait for lower rates in the future or borrow what they need today? It’s a question of cost versus opportunity.
Colleges and universities may find borrowing harder to do and more expensive
Dec 7, 2023
Their customer base is shrinking and there's no appetite for raising prices, aka tuition.
For public good, not for profit.
For some business owners, higher interest rates are a non-issue
by
Justin Ho
Dec 4, 2023
The Federal Reserve has been raising interest rates for almost two years now, affecting virtually everyt;hing in the economy. But some businesses have been relatively insulated from rate hikes.
Americans have almost $990 billion in credit card debt
Jun 9, 2023
But with interest rates high and wage growth slowing, that level of spending is becoming unsustainable.
Could financial warning labels help borrowers avoid risky loans?
by
Scott Morgan
May 29, 2023
Some experts back the idea for certain high-interest loans. But it likely wouldn't put off desperate short-term borrowers.