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 ...
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most ...
China's Xi Jinping and India's Narendra Modi have both overseen large increases in their countries' respective debt piles Global debt has surged to a record high of $315 trillion (£250 trillion ...
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.
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 ...
Every month there's a new figure for inflation - it estimates how much prices are rising across all the goods and services in the economy. In the 12 months to April 2024, the figure was 2.3%.
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 ...
A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates, according to New York Federal Reserve data ...
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 ...