Is there a subprime credit-card crisis on the horizon?
Subprime consumers are falling behind on their credit-card bills. From Generation Z and millennials to Generation X and baby boomers, credit-card delinquency rates have been...
Retailers Paint a Worrying Picture of American Consumers
The retail sector suffered a severe blow this week. Macy’s and Kohl’s reported significant sales declines, indicating deeper underlying problems. Stock values plummeted across the...
U.S. retail sales barely rise, pointing to weak spots in the economy
The numbers: Sales at retailers rose a tepid 0.2% in June, reflecting a shift in consumer spending habits and signaling softness in some parts of...
Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
AFP via Getty Images Text size Central bankers from around the world are gathering in Sintra, Portugal this week to discuss the state of the...
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report By Cointelegraph
[ad_1] The head of the Swiss National Bank (SNB) has announced that the bank will launch a wholesale central bank digital currency (wCBDC) pilot project,...
US wholesale CBDC has ‘promise,’ Fed governor says, but retail ‘difficult to imagine’ By Cointelegraph
[ad_1] United States Federal Reserve Board governor Michelle Bowman spoke at Georgetown University on April 18 to “offer a perspective” on central bank digital currency...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Nightmare Before Christmas for Department Stores
Markets Heard on the Street Slowing sales in recent weeks make for a tricky setup for retailers ahead of the holiday season [ad_2] Source link...
FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research By Cointelegraph
[ad_1] FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research The Federal Reserve Bank of New York’s Innovation Center released...
FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research By Cointelegraph
[ad_1] FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research The Federal Reserve Bank of New York’s Innovation Center released...