Economy shows sturdier growth despite slow recovery
Economists increasingly see a more durable U S expansion emerging from the Great Recession era though growth remains slow. Inflation stays controlled while debt declines and more workers hold degrees, supporting longer term stability despite ongoing unemployment and stubbornly modest pay.
MENTIONED IN THIS ARTICLE
Washington, D.C
U.S
Columbia-Greene Community College
Hudson
New York
Debt decline linked to tighter lending and cautious consumers
The piece notes card debt dropped as lending standards tightened and borrowers froze. NerdWallet executive Jelena Ewart cites reduced debt shares of income and lower delinquency at 2.44 percent versus a 15 year 3.82 percent average.
MENTIONED IN THIS ARTICLE
Kevin Quigley
University City
Missouri
Quigley
Jelena Ewart
Nerd Wallet
American Bankers Association
Senior roommates bring cost saving companionships
New York story notes that senior home sharing helps aging adults stay in their homes, save money, and gain companionship. Examples include a Brooklyn two bedroom shared for 1000 dollars monthly, with others like Open Communities in Chicago suburbs and various foundations reporting rising demand and typical boarder costs around 500 to 700 dollars monthly.
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New York
Marcia Rosenfeld
Rosenfeld
Brooklyn
Carolyn Allen
Jackie Grossman
Open
Chicago
New York Foundation For Senior Citizens
HIP
San Mateo
California
St. Ambrose
Baltimore
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