J.J. McCorvey

Klarna’s customers are having a harder time paying back the installment loans they take out with the popular “buy now, pay later” service. The Swedish company’s net losses doubled in the first quarter even as its user base and revenue […]

Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say. That’s because the Federal Reserve opted Wednesday to hold interest rates steady, flagging

Holding out for a bargain on your next car purchase or a major repair? Don’t, experts say. President Donald Trump’s 25% tariffs on steel and aluminum took hold last week, and the monthlong reprieve he offered U.S. automakers from his

The Consumer Financial Protection Bureau’s fate hangs in the balance, and with it the extent of the government’s oversight of Americans’ savings and $18 trillion in household debt. Consumer advocates are already sounding alarms. “This climate is going to be

Retailers aren’t looking too eager to hire as economic uncertainty builds. The industry shed 6,000 jobs in February, the Bureau of Labor Statistics (BLS) reported Friday. The drop was modest, and some of it reflected labor strikes among food and

Since the election, several major builders have warned Trump’s proposals could crimp their business. The higher tariffs he’s already unveiled on steel and aluminum, set to take effect next month, and new ones on Chinese goods that are already in

President Donald Trump’s first weeks in office have brought a flurry of changes from funding freezes and tariffs to a crackdown on diversity efforts. While courts have halted some of them, small businesses faced with higher costs, steep interest rates

2025 could bring economic changes with the potential to hit millions of people’s wallets in different ways. A series of stock market gains have fueled retirement investments at the same time that catastrophic storm damage is causing steep repair costs