A new report shows more Americans are under the stress of rising credit card balances. At the start of this year, Americans’ ...
U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...
Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
The Fed paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, ...