Small-dollar loans offer a new and more affordable alternative to payday loans.
: Credit-card balances have hit historic highs. Here’s why that’s a worrying sign.
New data from the Federal Reserve Bank of Philadelphia adds to earlier reports of record-smashing credit-card balances.
Personal Finance Daily: U.S. billionaires have grown nearly one-third richer during the pandemic while a ‘permanent underclass’ struggles and big banks report losses on the mortgage side of the business
Friday’s top personal finance stories.
: Montana becomes first state in U.S. to ban TikTok
The bill, which would go into effect on Jan. 1, 2024, prohibits the use of TikTok on all personal devices and bars app stores from offering TikTok for downloads in the state.
Economic Report: Bank lending rises for first time in three weeks
Lending by banks rose for the first time in three weeks, the Federal Reserve said Friday.
Key Words: Anheuser-Busch CEO on the Bud Light backlash: ‘We never intended to be part of a discussion that divides people’
Anheuser-Busch’s chief executive on Friday appeared to respond to the conservative-media backlash to Bud Light’s partnership with a trans influencer.
The MarketWatch Q&A: Democratic presidential longshot Marianne Williamson on challenging Biden: ‘We should have as many people running in an election as feel moved’
Democrats are closing ranks behind President Biden, but he isn’t without challengers for his party’s 2024 nomination. Here’s a Q&A with Marianne Williamson.
Commodities Corner: Orange-juice futures are near a record. Sugar is at an 11-year high. And coffee is peaking too. What’s going on?
Some soft commodities have rallied so far this year, with sugar prices this week trading at their highest price in 11 years and orange-juice futures touching their highest prices on record.
: Good news on inflation: shocks that kept inflation percolating in the 1970s seem absent today, top economist says
Shocks that kept inflation percolating in the 1970s, dubbed ‘second-round’ effects’ seem absent in this inflation surge, a top economist said Friday.
The Tell: ‘Dangerous times’: These aerospace and defense, cybersecurity ETFs are on ‘verge of breakouts’
Heightened geopolitical tensions and cybersecurity concerns may be propelling ETFs in those those areas toward potential ‘breakouts.”
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