US consumers ‘resilient’ in face of high prices and interest rates

Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday season

Topics

Building resilience with AI threat modeling: Lessons from the Rate Companies

Discover how AI threat modeling is helping CISOs redefine zero trust in 2025 by combating identity-based attacks.
VentureBeat - 2d
FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador
Financial Times - 5d
This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index
MarketWatch - Jan. 11
What's a good CD interest rate in 2025?

CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.
CBS News - Jan. 8
What factors drive mortgage loan interest rates?

The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.
CBS News - Jan. 8
Trump: ‘Interest rates are far too high’

President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...
The Hill - Jan. 7
Consumers could face price rises of 20% in 2025, trade experts warn

Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...
The Guardian - Jan. 7
US corporate bankruptcies hit 14-year high as interest rates take toll

Consumer companies such as Party City hit by persistent inflation and weak spending
Financial Times - Jan. 7
HELOC interest rate pros and cons to know for 2025

A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.
CBS News - Jan. 6

More in World

Russia Attacks Kyiv With Ballistic Missiles

At least three people were killed in the assault on the capital, and at least one died and 11 were wounded in a separate strike in the southern city of Zaporizhzhia.
The New York Times - 13m
Israel and Palestinians Prepare for Long-Sought Truce in Gaza

Qatar, which mediated the agreement, said the cease-fire deal was set to begin at 8:30 a.m. local time on Sunday.
The New York Times - 13m
Israel-Gaza war live: Netanyahu says ‘if we must return to fighting, we will do that’, citing support from Biden and Trump

PM says US has promised Israel will have the weaponry it needs to return to military campaign if necessary. In an update on the previous post, the Israeli military said sirens sounded in central ...
The Guardian - 25m
USA’s Agyemang and Miljevic score on debut in friendly win over Venezuela

US beat Venezuela 3-1 in friendly at Fort Lauderdale Six Americans make debut before crowd of 18,008 Patrick Agyemang and Matko Miljevic scored in their international debuts, Jack McGlynn got ...
The Guardian - 26m
Harlequins see off Glasgow to reach Champions Cup knockout stages

Harlequins 24-7 Glasgow Cunningham-South scores first of three Quins tries A Champions Cup of modest returns for the English was at least given a fillip by Quins. This reasonably comfortable win ...
The Guardian - 34m