budgets

New student-loan repayment glitches are throwing borrowers’ budgets into limbo

On August 1, Daniela Perez received three separate emails from her student-loan servicer, MOHELA. The first read “Your payment is due soon.” Then “Account is over 210 days delinquent.” Finally: “Loan default is approaching.”She immediately logged in to her account, which said she had missed 15 payments and had a…

Good things are coming in smaller packages as household budgets tighten

Little treats are getting littler.With US shoppers under seemingly never-ending strain, large consumer product companies are finding success in introducing smaller formats that won’t break the bank.In earnings reports this week, executives from Coca Cola, Mondelez, Proctor & Gamble, and Hershey acknowledged that consumers were responding to the new price…