Consumer News

August 18, 2020

Mortgage Delinquency Rates Hit Nine-Year High

The Mortgage Bankers Association (MBA) recorded a historic surge in mortgage delinquency rates in the second quarter of 2020 to a nine-year high. Delinquency rates are determined

300 Pizza Hut Locations are Closing

Pizza Hut is the latest institution to be hit with troubles because of the coronavirus pandemic, with up to 300 locations of the pizza franchise

Spending on Vitamins Grows During Pandemic

Vitamin supplements have seen considerable growth in sales throughout the first half of 2020, especially early in the pandemic. According to Nielsen, vitamin and mineral supplement sales

How Consumers Spent their Stimulus

The National Bureau of Economic Research (NBER) recently released its findings showing how U.S. consumers used their one-time $1200 stimulus payments, including the $500 per

Walmart Sales Soar

Sales for megastore Walmart have soared as the company takes advantage of increased e-commerce traffic during the coronavirus pandemic. Sales in the second quarter rose 9.3

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