Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. The share of credit card debt that's more ...
NEW YORK (AP) — Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe ...
The fast-growing national debt is on pace to reduce the growth in American households' incomes in the decades ahead if the debt isn't stabilized, according to a new report. An analysis by the ...
More Americans, particularly younger adults, are falling behind on their credit card bills, for example, with the share of card debt 90 days or more overdue reaching 10.7% in the first quarter ...
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A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year. Friday's report from ...
Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather. Major retailers are stepping up discounts heading into the ...
Interest-rate hikes aren't out of the question, Minneapolis Fed President Neel Kashkari said. "If we get surprised by the data, then we would do what we need to do," he said. Most central bankers ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...