According to the latest Quarterly Report on Household Debt and Credit released yesterday by the Federal Reserve Bank of New ...
Americans already contending with persistent and stubbornly high inflation just got more unwelcome news on Tuesday: There are ...
A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024.
Zain Jaffer is the founder and president of Zain Ventures, a family office that invests in real estate and proptech. Companies both big and small often rely on debt to finance expansion, capex ...
Fed Chair Jerome Powell has a tough inflation fight ahead of him. Liu Jie—Xinhua/Getty Images U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist ...
US household debt has reached a record and more borrowers are struggling to keep up. Overall US household debt rose to $17.7 trillion, according to the Federal Reserve Bank of New York’s ...
According to data from the Mortgage Bankers Association, mortgage loan delinquencies on 1-to-4-unit homes rose 38 basis points year over year. High inflation and mortgage rates may strain ...
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. In June, inflation rose to a whopping 9.1% from the previous year, the highest rate increase we've ...
MATTER OF FACT. MOST AMERICANS HAVE SOME FORM OF HEALTH INSURANCE. BUT EVEN WITH THAT COVERAGE, 4 IN 10 HAVE MEDICAL DEBT. A NEW ANALYSIS BY KFF SHOWS PEOPLE IN THE U.S. OWE A COLLECTIVE $220 ...