Legal News

WASHINGTON, Aug 14 (Reuters) – U.S. retail sales fell in July for the first time in nine months as the boost from big tax refunds faded, suggesting that consumer spending was slowing down and prompting economists to slash their economic…

Consumer sentiment fell in August, especially among Republicans, while inflation expectations increased, the University of Michigan said on Friday. The preliminary estimate for August slipped nearly 8% following two months of positive results, while the expectations index decreased by 8.7%. Coupled with…

NEW YORK, Aug 21 (Reuters) – The wave of debt issuance funding the artificial-intelligence buildout is testing the limits of investor demand, with some large bond buyers warning that the market is showing signs of indigestion. While fund managers remain comfortable with…

Mortgage demand continued to plummet last week, after mortgage rates rose to their highest level in over a year. Total mortgage application volume dropped 2.9% week to week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications were also…

The long legal battle to erase the debts of nearly half a million federal student loan borrowers who say they were defrauded by their colleges is finally coming to an end, after a recent court ruling in a lawsuit that…

Englewood Cliffs, N.J. & New York, N.Y., July 22, 2026 — CNBC and the New York Stock Exchange (NYSE), today announced the renewal of their longstanding partnership, marking more than 30 years of collaboration at the intersection of global markets and…

Buy now, pay later services have been on the rise as more consumers look to short-term installment financing options to help them manage the rising costs of daily necessities, not just pay for discretionary purchases.  BNPL providers originated nearly $157 billion in consumer credit…

Despite concerns from debt hawks, the U.S. government is continuing to borrow at pace: For the fiscal year of 2026 so far, the federal deficit has totaled just under $1.4 trillion. The first nine months of this fiscal year (beginning…

MIAMI, June 26, 2026 (GLOBE NEWSWIRE) — Relief, a self-service technology platform for consumers managing past-due debt and accounts in collections, today announced new in-app resources designed to help people better understand their options when debt becomes overwhelming. The resources…

Even as home price growth has slowed, the housing boom during the first half of the 2020s means many owners are sitting on substantial equity — and they appear willing to use it. Homeowners tapped an estimated $47 billion in equity — the…