Consumer discretionary sector leads in insolvency filings
Households that face looming stress aren't the ones with extra savings, CIBC cautions
Credit card performance picks up, yet strains remain
Amid investment drought, population growth has been chief economic driver for past 10 years, report says
As financing conditions stay tight, repeat offenders elevate defaults
America’s consumers, the primary driver of economic growth, are still willing to spend, data show
Consumers increasingly seeking cheaper alternatives, bargains or avoiding items they deem too expensive
Effects likely to be focused on weaker, low-rated issuers
Defaults, delinquencies poised to rise for rate-sensitive borrowers
Germany, the leading European economy, remained in the dumps in the April-June quarter