As a child of the Great Depression, my father used to keep what he called a “BS account” at the bank. Every month, he contributed money to this savings account and whenever it reached a certain level, ...

Closures at Macy’s, GameStop, Starbucks and Walgreens are among the store exits surfacing impairments, lease exits and tougher capital discipline in retail finance.

In recent commentary, analysts flagged Affirm Holdings as vulnerable amid higher borrowing costs and rising default rates, as stressed consumer balance sheets in 2026 weigh on lenders focused on ...