They’re terrified a mass credit freeze (aka security freeze) will crush revenues.
It actually wasn’t that lousy.
Breath-taking differences in a vast country.
Which Households Got the Spoils? Not Many. Or Why Consumer Spending Has Been Dragging for Years.
Banks, credit card companies, and other Equifax customers squeal. Consumers (the product) squeal. Congress squeals. Investors squeal.
Flip-flopping killed its credibility. And that’ll be a problem for the markets.
The annual income data from the Census Bureau is here. Men, sit down.
What the heck is going on?
They did the same in January 2000 just before the dot.com crash.
Worst downturn in foot traffic and same-store sales since 2009.