Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
Americans are spending more on credit cards and carrying bigger balances month to month, with interest rates hovering near ...
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
The Chamber of Commerce of Greater Philadelphia released results of an annual report on Thursday with new insight on business ...
A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...