The ‘funflation' effect: Why Americans are spending so much on travel and entertainment this summer [CNBC]
Bread Financial Holdings, Inc. (BFH)
Company Research
Source: CNBC
But this summer it will cost even more thanks to “ funflation ,” a term economists use to explain the increasing price tags of live events as consumers hanker for the experiences they lost during the Covid years. “It's hard to overstate the impact of the pandemic. It changed the way so many people view their spending, and the result is that people are more focused on the ‘right now' than thinking about 40 years from now, ? said Matt Schulz, chief credit analyst at LendingTree and author of “Ask Questions, Save Money, Make More.” More from Personal Finance: Households have seen their purchasing power increase How to get a lower credit card interest rate Here's how ‘spaving' could hurt your finances The price of ‘funflation' Some ticket prices have surged in recent months, according to federal data. Admission prices for sporting events jumped 21.7% in May 2024 from a year earlier, according to the Bureau of Labor Statistics' consumer price index data. The category saw t
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BFH
News
- ‘I realized she was gonna hold that grudge forever': Over 20% of Americans have ended a friendship over money [CNBC]CNBC
- Most travelers trying to keep frugality in mind when planning summer travel: Experian [FOX Business Network]FOX Business Network
- Millennials Think They've Had It Easier Financially Than Boomers: Are They Right? [Yahoo! Finance]Yahoo! Finance
- Bread Financial (BFH) Soars 7.8%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
- Sony will terminate its Sony Rewards program [Yahoo! Finance Canada]Yahoo! Finance Canada
BFH
Earnings
- 4/25/24 - Miss
BFH
Sec Filings
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- BFH's page on the SEC website