Monday, April 21, 2025

Out of Town Movers Reshuffling to Larger, More Affordable Homes

Tue, 08 June 2021  |  housing 

Americans who made out-of-town moves last year typically paid less money for larger houses, according to a new Zillow® analysis of moving data from northAmerican® Van Lines. That's a sharp break from the trend in recent years. The housing market's impressive strength in 2020 paired with a newfound motivation to move helped sellers cash in on quickly rising home values to find places that better suit their needs -- namely, bigger homes in less-expensive areas.

Movers went to ZIP codes where sold homes are 33 square feet larger on average than where they came from -- roughly th... Read More

Majority of Americans Support Sustainable Investing

Mon, 07 June 2021  |  investing 

Perhaps once considered a passing fad, sustainable investing has solidified its place at the investing table and will likely hold that position for years to come, according to a new study* released today by Allianz Life Insurance Company of North America. In addition, the study found Americans are now turning their attention to financial services and insurance companies with an expectation that they implement sustainable investing standards as part of their standard investing process.

The 2021 Allianz Life Sustainable Investing Study found that sustainable investing remains t... Read More

Consumers Remain Overwhelmingly Positive Towards Recycling

Mon, 07 June 2021  |  consumers 

The recycling industry has faced many challenges over the last few years, yet consumers are still overwhelmingly (95%) supportive of recycling. According to research commissioned by the Carton Council of North America, 74% think recycling is important and people should make it a priority. This represents a 13% increase from 2015 when 61% said they were supportive of recycling. An additional 21% said people should do what they can to try to recycle.

“When asked why they recycle their aseptic and gable top food and beverage cartons, overwhelmingly consumers mention environment... Read More

Millennial and Gen Z Investors Are Highly Confident

Fri, 04 June 2021  |  demographics investing 

Results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors show confidence spiked, risk tolerance grew, and engagement increased among Gen Z and Millennial investors during the pandemic. Nearly three out of four investors (72%) under the age of 34 said they are confident in their portfolio decisions, 16 percentage points higher than last year and 15 percentage points higher than the total population. More than two in three Gen Z and Millennial investors (70%) said their risk tolerance increased within the last three months of the ... Read More

Ally Bank Eliminates All Overdraft Fees

Wed, 02 June 2021  |  banking 

Ally Bank, the largest digital bank in the U.S. and a division of Ally Financial Inc. (NYSE: ALLY), eliminated overdraft fees on all accounts today. Every Ally Bank customer is eligible, and there are no requirements or restrictions.

Ally Financial CEO Jeffrey Brown said: "This is a significant advancement for consumers as we live out our mission and live up to our name - being a true ally. Overdraft fees are a pain point for many consumers but are particularly onerous for some. It is time to end them.

"Nationwide, more than 80% of overdraft fees are paid by consumers l... Read More

Economic Optimism Rebounds

Wed, 02 June 2021  |  consumers economy 

The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rebounded in June after a dip in May. Last month’s index showed a 3.5% decline, while this month the index is back up 3.7%. June’s reading of 56.4 keeps the index in positive territory for the sixth consecutive month and ties April’s reading for its highest mark since February 2020 (59.8), prior to the pandemic slump. For the IBD/TIPP indexes, a reading above 50.0 signals optimism and below 50.0 indicates pessimism.

The IBD/TIPP Economic Optimism Index has established a strong track... Read More