SMALL BUSINESS
LendingTree | February is Black History Month, which raises awareness of the contributions of Black Americans and the inequalities they face. Those disparities extend into the business world, where Black entrepreneurs encounter significant barriers, including underrepresentation. As of 2023 — the latest available data — only 3.4% of U.S. businesses are Black-owned.
PERSONAL LOANS/DEBT
LendingTree | Racial disparities in finances have long existed in the U.S. In recognition of Black History Month, LendingTree researchers updated this compilation of data on income, wealth, savings, employment, credit and retirement to highlight key gaps between Black and white Americans.
INSURANCE
LendingTree | Many drivers have a favorite car brand or one they hate seeing on the road. Their distrust may be warranted, whether they’ve had bad experiences with other drivers or they buy into another brand’s reputation.
CREDIT CARDS
LendingTree | This year, amid the continued squeeze of inflation, the expected spend on Valentine’s Day gifts fell to an average of $132 among those in relationships, according to a LendingTree study — down from $179 last year. Meanwhile, prices for 32 popular Valentine’s Day chocolates and nine jewelry items rose in price from last year.
PERSONAL LOANS/DEBT
LendingTree | The new year means new goals. While some may focus on hitting the gym or reading more, setting financial goals is also common.
INSURANCE
LendingTree | Rising construction costs, inflation and increasingly severe natural disasters have driven significant volatility in the home insurance market, leading to higher premiums and reduced coverage availability in some regions.
Matt Schulz writes about the President Trumps proposed credit card rate caps.
PR Newswire | LendingTree announces the promotion of Ian Smith to Chief Operating Officer and Laura Nelson to Head of Insurance.
