• Tue, April 22, 2025

by: Investopedia

Consumer Finances May Be in Better Shape Because They've Cut Back on Spending, BofA Says

Across the income spectrum, fewer Americans have a revolving credit card balance, Bank of America said.

by: Forbes

Starting A TikTok For Your Business Can Be A Mistake

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by: WMUR

Business leaders concerned about potential cuts to New Hampshire university system

Major cuts to New Hampshire's university system are on the table in the state's budget, but some business leaders say they could be bad news for the state's long-term success.

by: WCAX3

New South Burlington business aims to repurpose e-waste

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by: ProPakistani

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Facing obstacles when trying to secure equipment financing because of poor credit? Your business can acquire essential equipment despite having bad credit. The expansion of the finance market provides new possibilities for companies that encounter credit obstacles. Businesses that have credit scores around the 500s still stand a chance to secure equipment financing. There are […]

by: legit

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by: AOL

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by: TechCrunch

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by: WHTM

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by: Patch

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by: Reuters

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by: Tennessean

Candy McCampbell, Tennessean business news pioneer and role model, dies at 78

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Ex-finance manager admits embezzling $700K from St. Louis County charity

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by: WDSU

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by: KTVX

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by: WBUR

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by: WDAF

Crossroads business owners call for changes to parking policies

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by: Insider

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by: CNN

WV farmers: 'It's not just tariffs, it's the uncertainty' | CNN Business

Ed Morgan and Becky Morgan join The Lead

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by: PBS

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The fund is an attempt to close the gap on access to finance created by systemic racism.

by: Forbes

Utilizing Local SEO And PR Strategies To Boost Service Businesses

Regional link-building is a long-term strategy that can show a service-based business is an authority in both its region and industry.

by: Bravo

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by: Fortune

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by: BBC

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by: CNN

Tesla profits plunge in first quarter of 2025 | CNN Business

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by: Reuters

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by: Insider

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by: Fortune

Car Prices Are Poised for $12,000 Surge on Trump's New Tariffs

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by: Forbes

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In many countries, fossil fuels, with their exposure to imports and volatility to geopolitical shocks, are a liability.

by: Fortune

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by: CNN

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by: Reuters

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by: Forbes

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by: CNN

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Scott Anderson joins The Lead

by: Fortune

A StubHub co-founder says he was scrubbed from the company's history in its IPO filing: 'It appears old wounds are deep enough to lie about the company's founding story'

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by: Fortune

Ex-Tesla CFO Zack Kirkhorn gives former intern's startup Jolly a big financial boost

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by: Fortune

IRS refunds are 32% lower on average so far this tax season

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  • Thu, April 24, 2025

by: CoinTelegraph

Russia's central bank, finance ministry to launch crypto exchange

Russian investors who meet wealth and income thresholds could soon be able to trade and sell crypto on an exchange backed by the Russian Ministry of Finance and the central bank.

by: CNBC

Pakistan finance minister says China and U.S. are Islamabad's 'critical and strategic allies'

Pakistan's federal minister says the South Asian nation is not inclined to choose between China and the U.S.

by: Forbes

7 Keys To Effective Communication In Business

Leaders and professionals who communicate most effectively win, while others lose trust and eventually fail.

Consumer Finances May Be in Better Shape Because They've Cut Back on Spending, BofA Says

Across the income spectrum, fewer Americans have a revolving credit card balance, Bank of America said.
According to a Bank of America report cited by Investopedia, U.S. consumer finances may be in better shape due to reduced spending, which has led to increased savings and lower debt levels. The report indicates that consumer spending has been below pre-COVID levels, contributing to a rise in the personal savings rate to 13.1% in June 2023, up from 3.4% in 2019. Additionally, credit card balances have decreased, and the percentage of consumers missing payments has dropped to 1.5%, the lowest since April 2022. Bank of America suggests that these trends could help consumers weather potential economic downturns, although they caution that the situation could change if spending patterns shift back to pre-COVID norms.

Read the Full Investopedia Article at:
https://www.investopedia.com/consumer-finances-may-be-in-better-shape-because-they-have-cut-back-on-spending-bofa-says-11720016

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