(TNND) — Consumer spending saw its strongest annual growth in nearly two years last month, according to Bank of America Institute data. But under the hood are signs of continued consumer stress and a ...
It was a tale of two markets, as the Dow Jones Industrial Average ended last week up 2.5%, and closed above 50,000 for the first time. The tech-heavy Nasdaq Composite had a tougher time of it, despite ...
Consumer confidence dropped in January to the lowest level recorded by The Conference Board’s survey in more than a decade, a warning sign that a relatively steady stretch of economic data may yet ...
A new class-action lawsuit has been filed against Rocket Mortgage and related companies. The suit alleges that the mortgage company engaged in illegal practices that steered homebuyers into loans that ...
Rocket Companies faces a class-action lawsuit alleging it steered homebuyers to its mortgage products, violating RESPA. The suit cites a federal investigation and claims hundreds of thousands of ...
When it comes to defensive plays in stock markets, consumer staples stocks are among the most sought-after investments. Characterized by steady growth, inflation protection, dividend certainty, and ...
Consumer sentiment ticked higher in early January despite lingering concerns about inflation and a weak labor market, according to the latest release from the University of Michigan's Surveys of ...
LONDON, ENGLAND - MAY 10: A shopper carries bags through the Oxford Street financial district on May 10, 2024 in London, England. The Office for National Statistics (ONS) revealed that the UK's gross ...
California lawmakers have passed numerous laws this year, including ones that could help residents as they navigate buying a car, canceling their social media accounts, and ordering food delivery.
A group of Democratic state prosecutors seeking to address rising living costs and widespread fraud hired Rohit Chopra, former director of the US Consumer Financial Protection Bureau, to lead the ...
WASHINGTON, Nov 21 (Reuters) - The U.S. Consumer Financial Protection Bureau announced on Friday that it intends to continue supervising financial institutions on a limited basis in 2026, signaling a ...
Swift Home Loans Inc., a Michigan-based mortgage lender, is facing a federal class action lawsuit alleging it bombarded consumers with unwanted text messages. In an amended complaint filed Oct. 20, ...