Topic
household-finance
3 stories related to this topic, newest first.
finance.yahoo.comfinance59 days ago
U.S. Auto Loan Delinquencies Rise to 32-Year High
The share of auto loans entering delinquency has reached its highest level in 32 years as borrowers face record-high payments. The increase reflects broader pressures on household finances amid elevated borrowing costs. Data come from a report by @FirstSquawk on current consumer…
FI
app.buzzsumo.comfinance68 days ago
South Korean Investors Direct Most Stock Gains to Real Estate, BOK Report Says
The Bank of Korea reported that investors spent only 1.3 percent of stock market capital gains on consumption. Households without homes directed about 70 percent of those gains into the property market. The central bank recommended creating conditions for the stock market to supp…
Substrate placeholder — needs reviewfinance92 days ago
Report Highlights Racial Wealth Disparities in Median Household Wealth
A report states that the median wealth of white households exceeds $200,000, compared to less than $20,000 for Black households. This disparity underscores ongoing economic inequalities. Efforts are underway to incorporate equity into policy frameworks addressing these issues.
UN