[ad_1]
U.S. consumers continue to burn through their pandemic savings and are taking on more debt as they face high prices on everything from food and housing to entertainment.
Marianne Lake, co-chief executive of JPMorgan Chase’s consumer bank, said at a December conference that before the pandemic, the bank’s lowest-income clients had on average 12 days’ worth of cash on hand. Today, that average is around 15 days, meaning consumers are close to spending down money they socked away during the pandemic.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
[ad_2]
Source link
24World Media does not take any responsibility of the information you see on this page. The content this page contains is from independent third-party content provider. If you have any concerns regarding the content, please free to write us here: contact@24worldmedia.com
[ad_1] Requirements for a new superintendent This is my sixth year as Riverhead Central Faculty...
[ad_1] A parcel of land off Sound Avenue that will be preserved. (Credit: Grant Parpan) RIVERHEAD ...
[ad_1] All address information, particularly arrests, reflects police records. In the event of a...
[ad_1] MARBLEHEAD — The Village 13 substation project has started its bidding process. At the Municipal...
[ad_1] NAHANT — Dog-Handler Nancy Koury and her Swiss mountain dog Freddy, who live and train out of...
[ad_1] LYNN — On Tuesday evening, the City Council voted unanimously in favor of the Housing Stability...
Large part of Lynn Woods remains closed
Swampscott water tests lead-free – Itemlive
Mother needs help providing the Christmas experience
A cheerful fundraiser for Saugus team
Carl Daniel Reiter – The Suffolk Times
Joan Ann (Woessner) Polywoda – The Suffolk Times
Thomas L. Lewick – The Suffolk Times
Jeanette Howard – The Suffolk Times
Nina Mazzaferro – The Suffolk Times
Lynn mayor announces re-election bid
BARRETT: They ate plenty – Itemlive
Brooke Moloney, the Minutewoman – Itemlive