Stimulus checks are working: Walmart U.S CEO

The debate on whether the stimulus checks arriving to the digital bank accounts of U.S. consumers are working rages on in the halls of Congress and on Wall Street. But from the perspective of America’s largest retailer Walmart (WMT), the newfound cash infusion to household balance sheets are working as designed. They are helping people […]

Consumers are refinancing loans as a form of personal stimulus

Americans are using historically low interest rates to refinance their loans as a form of personal stimulus during the pandemic. “Mortgage volume is at record levels, and has been for quite some time and continues to crest upwards in terms of demand,” Brendan...