Central Banking1d
Philadelphia Fed documents troubling credit trends in US
Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
A look at the challenges Philly-area businesses faced in 2024 and what they expect in 2025
The Chamber of Commerce of Greater Philadelphia released results of an annual report on Thursday with new insight on business ...
Philly Fed's factory gauge surges by most since June 2020
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 ...
Dayton Daily News20h
More credit card holders are only making minimum payments. Here’s why that’s bad.
Credit card loan delinquencies and account balances have been trending upwards across the state of Ohio and the nation. But there’s another possible sign that people are struggling with credit card ...
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Morningstar9d
Philadelphia Region Manufacturing Outlook Jumps to Near Four-Year High — Philadelphia Fed
The Federal Reserve Bank of Philadelphia said Thursday that its index for business activity climbed to a positive 44.3 in January, both the highest reading since April 2021 and the index's largest ...
More People Are Only Paying The Minimum Payment As Credit Card Balances Rise
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.