Reading Time: 2 minutesThe National Retail Federation expects that while the dollar amount of returned goods will grow, the … [+] return rate will hold steady at $16.5%. getty Despite predictions of a surge in returns this holiday season, the National Retail Federation expects the overall rate of returns for the full year to remain the same as
Reading Time: 2 minutesAfter a prolonged period of high inflation and higher interest rates, Americans are just getting by. As of August, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report, unchanged from last year. Recent data is painting a mixed picture of where the economy stands. Inflation has shown some signs of cooling but the
Reading Time: 3 minutesCredit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve report this week showed. The report demonstrates the dwindling savings held by some consumers who amassed a financial buffer during the
