Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

New York Fed data showed that household debt was $18.04 trillion in December, a sum that covers all borrowing including ...

U.S. debt Cassandras can point to news of the country's record household debt figure last week as yet another sign that the ...

President Donald Trump plans to fulfill his campaign promise to end taxes on Social Security benefit income. A new report finds that will benefit high earners.

A new report by the Federal Reserve Bank of New York shows all major loan categories are on the rise, with credit card balances topping $1.2 trillion-dollars.

Wendy Edelberg is the director of the Hamilton Project at the Brookings Institution and was chief economist of the ...

Influential Democratic donors are reportedly pausing donations to left-wing activist groups, citing the Democratic Party’s ...

Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin number, signaling some financial recovery in the business as Chips Act money ...

There is no shortage of warnings about the U.S. stock market’s high valuation, but a deeper look into sectors shows quite a bit of variation. A screen of 11 sectors of the S&P 500 SPX highlights ...

Tennessee and Alabama are just a couple of the Southern states making multiple appearances on our list of the cheapest places to live among U.S. cities. But if you're thinking about relocating to ...

The Trump administration, which has been moving like a juggernaut across the political landscape, has hit a land mine. The decision by Trump’s Justice Department to halt the prosecution of New ...

It seems like suddenly everyone is an "expert" on FERPA, an obscure privacy law that most of us had never heard of a week ago ...