Bloomberg US credit card delinquencies reached record-low levels in 2020, as Americans took advantage of stimulus checks and adjusted their spending habits, according to a new report. Delinquencies on bank-issued cards stood at 1.53% in the third quarter of 2020, virtually unchanged from the previous quarter, after rising to 2.62% at the onset of the pandemic as millions of Americans ...

Bloomberg Germany cut its prediction for economic growth as the extension of coronavirus lockdowns hits activity at the start of the year. The government now expects a 3% expansion in 2021, down from 4.4% forecast at the end of October, according to a person familiar with its annual economic report to be published next week. Economy Minister Peter Altmaier is ...

Bloomberg France is set to go back into lockdown “within days” amid concerns over a new wave of contaminations driven by the UK variant of the coronavirus, Journal du Dimanche (JDD) said, citing unidentified people with knowledge of the matter. A decision is imminent, JDD wrote, saying French President Emmanuel Macron could announce lockdown — the country’s third — on Wednesday ...