Economy

In cities across America, a pattern is emerging — there are more job openings than there are individuals looking for work. But there are still 13 million individuals living in the United States who are unemployed, working part-time or who have given up on finding a job. The problem, according …

Having gathered data for more than four years, the Federal Reserve Board of New York unveiled a new report yesterday, the Survey of Consumer Expectations Household Spending Survey, which details experiences and expectations regarding how individuals and households are spending their money. For example, should a respondent suddenly see a …

Today’s sign that an economic apocalypse is on the way: Only 44% of Americans have more savings than credit card debt, according to a survey conducted by Bankrate.com, which represents the lowest figure in the nine years that the site has been tracking the data point. Nearly 30% of Americans …

Data released this week by the Federal Reserve Board of New York is sending up red flags that consumers’ financial conditioning may be weakening, and signs of a recession may be on the horizon. Economists are pointing to a record number of individuals who are behind on their auto loans …

The numbers for the start of income tax return season for the credit and collection industry are not as great as one might hope, according to data released by the Internal Revenue Service. The average income tax refund through the first week of filings is 8% lower than the same …

The number of individuals who expect to miss a minimum debt payment during the next three months slipped again in November, according to data released yesterday by the Federal Reserve Board of New York, and is at its lowest point in six months. Just over 12% of those participating in …

Maybe Millennials are not as bad at managing their finances and paying their debts as once thought, according to an analysis conducted by the Federal Reserve Bank of St. Louis. Millennials have long been thought to be on shakier financial footing than members of older generations. In looking at data …

Following two straight quarters of at least $1 billion in merger & acquisition activity in the ARM industry — after only one $1 billion quarter in the preceding three years — there had to be a bit of a slowdown in dealmaking, which was the case, according to data released …

The amount of total household debt in the United States hit another new record during the third quarter, which also marked the 17th straight quarterly increase in the figure, as individuals continued to take on more debt, especially student loans. There was $13.51 trillion of outstanding debt in the U.S. …

Nearly half of Americans are living paycheck to paycheck, even though the economy continues to improve and it appears that fewer individuals are being contacted about unpaid debts, according to data released by PYMNTS.com. The data points, part of the site’s “Financial Invisibles” report, are part of a larger look …