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401(k) Account Balances Increase 15%: Bank of America

401(k) Account Balances Increase 15%: Bank of America

Double the percentage of plan participants increased their contribution rate
Jobs Report Outperforms as Goldilox Economy Continues

Jobs Report Outperforms as Goldilox Economy Continues

Job growth was 216,000 and unemployment was at 3.7% while earnings also rose
Middle-income Americans Prepare for Recession

Middle-income Americans Prepare for Recession

Santander US reports 57% of consumer have delayed a financial decision due to inflation fears
Consumers Plan to Reduce Spending in 2024

Consumers Plan to Reduce Spending in 2024

Inflation is continuing to affect how bank customers use their money, Bank of America has found
Bitcoin Takes Major Step Towards Being Considered Mainstream Currency

Bitcoin Takes Major Step Towards Being Considered Mainstream Currency

Bitcoin ETFs finally came through as investors can now more easily invest in Bitcoin
Consumer Inflation Expectations Decline

Consumer Inflation Expectations Decline

Fed Bank of New York survey found short-term inflation expectations reached the lowest level in three years
ABA and CBA Express “Serious Concerns” Over Proposed CFPB Nonbank Regulations

ABA and CBA Express “Serious Concerns” Over Proposed CFPB Nonbank Regulations

The banking organizations wrote to the CFPB about the proposed redefinition of digital assets
Credit Card Debt Numbers Rising According to Bankrate

Credit Card Debt Numbers Rising According to Bankrate

Almost 50% of all credit card holders are carrying credit card debt
Projections for Lower Interest Rates Will Impact Banking Decisions in 2024

Projections for Lower Interest Rates Will Impact Banking Decisions in 2024

Analysts believe that inflation may fall even quicker than expected
Markets Reach All Time Highs, Treasury Yields Drop

Markets Reach All Time Highs, Treasury Yields Drop

The United States stock market will finish its seventh straight week this week in positive territory
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