U.S. households have been whittling down their savings and taking on increasing amounts of debt, putting many in a weaker position to weather economic downturn.
Shrinking savings and rising debt leave consumers on shaky financial footing
U.S. households have been whittling down their savings and taking on increasing amounts of debt, putting many in a weaker position to weather economic downturn.
| Date: | Mar. 18, 2023 7:05 AM ET |
| Link: | More at "NBC News" |
| Source: | NBC News Top Stories - nbcnews.com |
| Category: | Top stories |
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Shrinking savings and rising debt leave consumers on shaky financial footing
U.S. households have been whittling down their savings and taking on increasing amounts of debt, putting many in a weaker position to weather economic downturn.
Mar. 18, 2023 - NBC News Politics - Politics -
Retirement vs. emergency savings: How to prioritize in a shaky economy
If you're short on cash, here's how to prioritize between retirement savings and your emergency fund, according to financial experts.
Mar. 23, 2023 - US Top News and Analysis - Business -
Consumers in the U.S. Rely More on Credit as Savings Dwindle
U.S. consumers still have some $800 billion left from excess savings accumulated during the pandemic, but the reserves are dwindling and credit is on track to overtake them as a source of funds in coming months, Wells Fargo economists Tim Quinlan ...
Mar. 29, 2023 - WSJ.com: World News - World -
Democrats say Americans could lose $20,000 in potential retirement savings on ‘Republican debt crisis’
Retirees could lose $20,000 if debt ceiling isn’t fixed, report finds
Mar. 28, 2023 - MarketWatch.com - Top Stories - Business -
Citizens Financial Unit Investigated for Sales of Savings Product Controlled by Troubled Financier Greg Lindberg
Massachusetts securities regulators confirmed they are examining sales of annuities offered by Colorado Bankers Life Insurance.
Mar. 29, 2023 - WSJ.com: World News - World -
Daylight savings dispute leaves Lebanon with two time zones
Mar. 26, 2023 - Yahoo News - Latest News & Headlines - World -
Consumer prices rose 5 percent in February as inflation cooled
The personal consumption expenditures (PCE) price index fell to an annual increase of 5 percent annually in February, down from 5.4 percent in January, according to data released Friday by the Commerce Department. The Fed's preferred inflation ...
13 hours ago - Just In News | The Hill - Politics -
Financial turmoil will not stand in the way of further rate rises says Bailey
Bank of England governor stresses that UK financial system is ‘resilient’
Mar. 27, 2023 - UK homepage - Business -
High-yield savings accounts vs. regular savings accounts: What's the difference?
Consider these factors when determining whether a high-yield or regular savings account is right for you.
Mar. 22, 2023 - Home - CBSNews.com - Top stories -
High-yield savings accounts vs. regular savings accounts: Which is better?
High-yield savings accounts and regular savings accounts both have unique benefits. Find out which is best for you here.
Mar. 17, 2023 - Home - CBSNews.com - Top stories -
Biden’s pick to lead FAA withdraws amid shaky Senate support
President Joe Biden’s choice to run the Federal Aviation Administration has withdrawn his nomination.
Mar. 26, 2023 - NBC News Top Stories - Top stories - Joe Biden -
Biden’s pick to lead FAA withdraws amid shaky Senate support
President Joe Biden’s choice to run the Federal Aviation Administration has withdrawn his nomination.
Mar. 26, 2023 - NBC News Politics - Politics - Joe Biden -
Outside the Box: Sen. Sherrod Brown: American consumers losing power over their savings and paychecks is an emergency, too.
The Consumer Financial Protection Bureau holds Wall Street and big banks accountable. The U.S. Supreme Court must protect it, writes Sen. Sherrod Brown.
Mar. 28, 2023 - MarketWatch.com - Top Stories - Business -
Ryan Cohen's Grand Plans for GameStop Keep Shrinking
Videogame retailer, the original meme stock, hits brakes on e-commerce push to refocus on its 4,400 bricks-and-mortar locations.
Mar. 29, 2023 - WSJ.com: US Business - Business -
Germany is overhauling its immigration rules to bolster a rapidly shrinking workforce
Germany is poised to pass a new nationality law that will make it easier for foreigners to gain citizenship.
Mar. 27, 2023 - US Top News and Analysis - Business -
Shrinking food stamp benefits for families mean yet another challenge for retailers
For retailers like Kroger, Walmart and Dollar General, the decline in SNAP dollars will put pressure on discretionary sales.
Mar. 26, 2023 - US Top News and Analysis - Business -
King Charles' Realm Is Poised to Shrink as Jamaica Considers Ditching Monarchy
Mar. 23, 2023 - Yahoo News - Latest News & Headlines - World - United Kingdom -
Earnings Results: Chewy stock dips as earnings show shrinking customer count, forecast of no profit growth
Chewy shares declined in late trading after executives reported a surprise holiday profit but a shrinking customer count and disappointing profit guidance.
Mar. 22, 2023 - MarketWatch.com - Top Stories - Business -
German lawmakers approve plan to shrink bloated parliament
Lawmakers in Germany have agreed to reduce the size of the country's increasingly bloated parliament
Mar. 17, 2023 - ABC News: International - World - Germany -
We're halfway to a tipping point that would trigger 6 feet of sea level rise from melting of the Greenland Ice Sheet
New research on the melting of the Greenland Ice Sheet identifies tipping points defined by cumulative carbon emissions in the atmosphere.
Mar. 29, 2023 - US Top News and Analysis - Business -
Economic Report: Consumer confidence rises on hope of better U.S. economy. Inflation still a big worry
A survey of U.S. consumer confidence rebounded slightly in March, reflecting ongoing strength in the labor market and more hope about the future of the economy.
Mar. 28, 2023 - MarketWatch.com - Top Stories - Business -
Banking: Bank stocks end tough quarter with gains as sector stabilizes despite outflows from savings accounts
U.S. regional-bank stocks finished out the last day of the first quarter with gains but sustained double-digit year-to-date losses on liquidity concerns.
5 hours ago - MarketWatch.com - Top Stories - Business -
Google CFO Signals More Spending Cuts to Meet Savings Targets
Finance chief Ruth Porat said the company would eliminate some snack bars and select outside vendors based on cost in an effort to meet savings targets.
6 hours ago - WSJ.com: US Business - Business - Google -
Google CFO Signals More Spending Cuts to Meet Savings Targets
The finance chief said the company would eliminate some snack bars and select outside vendors based on cost in an effort to meet savings targets.
6 hours ago - WSJ.com: World News - World - Google -
Google CFO Signals More Spending Cuts to Meet Savings Targets
Finance chief Ruth Porat said the company would eliminate some snack bars and select outside vendors based on cost in an effort to meet savings targets.
6 hours ago - WSJ.com: WSJD - Tech - Google
