'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year [CNBC]
NerdWallet, Inc. (NRDS)
Company Research
Source: CNBC
Over 50% of shoppers with incomes of $100,000 or more believe they can "easily afford" holiday expenses in 2024. That's the highest compared to other income groups, according to a report by Morning Consult, a survey research firm. Only one cohort of shoppers thinks they have enough financial runway to spend cash this holiday season without rolling into debt — and even so, many in that group anticipate struggling. About half, or 52%, of shoppers with incomes of $100,000 or more believe they can "easily afford" holiday expenses in 2024, according to Morning Consult, a survey research firm. That's the highest share compared to other income groups. To that point, 33% of those who earn $50,000 to $99,900 said they can afford holiday spending. Meanwhile, 18% of respondents who earn below $50,000 annually can sustain the costs, the report found. More from Personal Finance: Don't wait too long for year-end Roth IRA conversions 28% of credit card users are still paying off las
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- Buying a home in one of these 9 climate-risk states? Here's how to deal with spiking home insurance rates from someone who lives in one [Business Insider]Business Insider
- ‘Slow shopping' can save you money this holiday season. Here's how it works [CNBC]CNBC
- NerdWallet, Inc. (NASDAQ: NRDS) had its price target raised by analysts at KeyCorp from $18.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- NerdWallet, Inc. (NASDAQ: NRDS) had its price target raised by analysts at Morgan Stanley from $14.00 to $15.00. They now have an "equal weight" rating on the stock.MarketBeat
- NerdWallet, Inc. (NASDAQ: NRDS) had its price target raised by analysts at Barclays PLC from $16.00 to $17.00. They now have an "overweight" rating on the stock.MarketBeat
NRDS
Earnings
- 10/29/24 - Miss
NRDS
Sec Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/23/24 - Form 4
- NRDS's page on the SEC website