LONDON — With luxury flickering back to life, it’s now the high street’s turn to feel the pain of dwindling consumer confidence. The cost-of-living crisis in the U.K., and across Europe, has dented the sales of two fashion retail behemoths, Primark and Marks & Spencer, which have both begun the new year on a down note. On Thursday, Primark’s parent Associated British Foods warned that adjusted operating profit and adjusted earnings per share for the 2025-26 fiscal year are expected to be “below” the numbe ...

If you feel like your debt is keeping you from saving or building wealth, you’re not the only one. According to a survey from the National Foundation for Credit Counseling (NFCC), which shared figures with CNBC, a whopping 71% of American adults agree that monthly debt gets in the way of building of savings and wealth, and 17% say their debt keeps them from planning for the future. (1) (2) Must Read In addition, the survey showed 33% of respondents were “just getting by” financially. Meanwhile, 32% said ...