Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.

Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1.17 trillion in the third quarter of 2024, growing from $770 billion in the first quarter of 2021 and the share ...

The good news: Americans took on less credit card debt in the quarter with balances rising by $45 billion, which compares to a $50 billion increase in the fourth quarter of 2023. Credit card balances ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

After cutting its key rate a full percentage point in the final three months of last year, with "the economy remaining strong ...

Hot inflation data for January was adding to concerns about how much more room the Federal Reserve might have to cut interest ...

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...

A surge in egg prices underscores how persistent inflation is spooking the markets and could check the president’s boldest ...