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Buy now pay later debt is on the rise
3+ hour, 57+ min ago (262+ words) WAFB With household budgets under pressure, more consumers are turning to Buy Now, Pay Later. According to the Federal Reserve, about one in six adults used these loans in the past year. People like Buy Now, Pay later, because it…...
Malaysian youth rack up $1.7 billion in Buy Now, Pay Later purchases
12+ hour, 19+ min ago (422+ words) As of June 30, the outstanding BNPL financing balance among young consumers reached RM2.4 billion (S$753 million), with RM96.8 million, or 4%, currently unpaid. Published Oct 14, 2026, 01:47 PM Updated Oct 14, 2026, 03:43 PM KUALA LUMPUR – Malaysian youth aged 30 and below recorded RM5.4 billion (S$1.7 billion) in Buy Now, Pay…...
Hot Inflation Lifts Fed Rate-Hike Bets
4+ hour, 12+ min ago (73+ words) Published on 10/14/2026 at 11:48 am EDT David Rosenberg, Founder of Rosenberg Research, and Jim Bianco, Founder of Bianco Research, react to September CPI. Out With the New, in With the Old October 14, 2026 at 08:44 am EDT Earnings for starters, inflation for the…...
Here is how much prices for groceries, gas, utilities, and shelter are up under Trump
5+ hour, 21+ min ago (68+ words) Washington Examiner Prices are up 5.4% overall since President Donald Trump entered office, according to the final inflation report before the midterm elections. The September consumer price index report showed that prices rose 3.7% on an annual basis. Join Washington Examiner for…...
The average 50-something is now worth $1.5 million
10+ hour, 59+ min ago (970+ words) The average 50-something American is now worth $1.5 million. Older and more affluent Americans keep getting wealthier, according to new data from the federal Survey of Consumer Finances. Average net worth hit $876,091 in 2025 for Americans ages 40 to 49, up from $742,568 in 2022. And…...
Seeing Thin Financial Ice Under 'Buy Now, Pay Later'
12+ hour, 5+ min ago (1681+ words) For millions of New Yorkers today, the latest retail buzzword phrase isn’t “free shipping” or “flash sale.” It is Buy Now, Pay Later (BNPL). At first glance, BNPL may seem like a convenient way to stretch out payments for a…...
More expensive gas, semiconductors likely pushed up inflation last month
14+ hour, 56+ min ago (493+ words) Consumer prices are forecast to have risen 3.6% in September compared with a year earlier, up from 3.4% in August, according to a survey of economists by data provider FactSet. The Labor Department will issue the report Wednesday morning. On a monthly…...
Consumer Reports: Buy now, pay later debts is on the rise
6+ day, 16+ hour ago (270+ words) And with holiday spending picking up, Consumer Reports says it’s important to understand the risks before signing up. With household budgets under pressure, more consumers are turning to Buy Now, Pay Later. According to the Federal Reserve, about one in…...
Baby Boomers' $90 Trillion Net Worth Is Shielding US Spending From a Generational Squeeze
1+ day, 1+ hour ago (781+ words) The resilience of American consumer spending may have less to do with income inequality than with a stark generational divide in wealth, according to economist Ed Yardeni. The president and chief investment strategist at Yardeni Research argues that baby boomers…...
Workers Over Billionaires: In the States Roundup
20+ hour, 48+ min ago (183+ words) It's time once again to take a look at the ways working people are making progress in the states. Click on any of the links to follow the state federations. — Alaska AFL-CIO (@AKAFLCIO) October 12, 2026 — California Federation of Labor Unions (@CaliforniaLabor)…...