Holiday Spending Increased, Defying Fears of a Decline

Holiday Spending Increased, Defying Fears of a Decline

While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’

Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’

Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.