Does a credit card made from the panels of a retired Boeing 747 airplane spur consumers to use it more often? Processing Content Credit card issuers such as American Express, Apple, Capital One and ...
Last month, the Federal Reserve cut the federal funds rate by half a percentage point. It's also expected to cut rates again in November. That's welcome news for anyone who's house hunting and ...
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Credit card debt forgiveness and Fed rate cuts: What borrowers should consider this fall
Interest rate cuts are looming again. After the Federal Reserve resumed the rate-cut campaign it started in 2024 in September, other cuts now seem likely for the central bank's next meetings in ...
Total consumer debt swelled to $17.5 trillion in Q4, a $212 billion jump from the previous quarter. Delinquencies are rising among younger borrowers in particular, the New York Fed said. Younger ...
The resilient consumer has kept the US economic engine running, but it’s coming at a big cost: Americans are piling up record credit card balances, and more and more are falling behind on those ...
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