While inflation remains elevated above the Federal Reserve's 2 percent target for years now, consumers have shown signs of pulling back. Rebecca Walser, president of Walser Wealth Management, breaks down what's going on with consumer debt and provides some tips for getting debt-free.
Share:
More In Business
5% Interest Rates, 2% Inflation Might Be the New Normal
We've all heard that interest rates could stay 'higher for longer,' but what does that really mean? We had a professor at Georgetown break it down.
Suffering From Tip Fatigue? Us, Too. Tiphaus Wants To Help
Tipping expectations have increased. A 2023 survey revealed that approximately 72% feel they are now asked to tip service workers more often than before.
Big Business This Week: From Meme Stocks to Dead Lobster
Memes have the market in a tizzy; Red Lobster taken down by... shrimp?; and John Deere is strangling farmers.
The Dow Just Crossed 40,000 For the First Time: Is it a Big Deal?
Although the Dow's topping the 40,000 level is cause for celebration, it doesn't inherently mean much.
Find Out Which State Is Doing More to Attract Top Talent
Chief Growth Officer for Michigan joins Cheddar to discuss the state's initiative to attract Gen Z and top talent. Watch!
What Are Americans Buying? National Retail Federation Has the Receipts
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
Trade In Your Cocktails For Mocktails. Sober Curiosity Is In
Lightspeed's data confirms that consumers are significantly reducing their alcohol consumption, with sales showing a decrease compared to last year.
Want A Better Deal On Your Next Car? Learn How To Negotiate For A Better Price
Negotiating a better price on a certified used vehicle should definitely be part of the buying process.
AI Funding Resilient in Q1 2024: $12.2B Invested Despite Fewer Mega-Rounds, Crunchbase Data Shows
In 2023, the AI sector saw significant growth in venture investment; however, concerns have risen about the sustainability of this growth.
