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Consumer credit-card debt in the United States has risen along with soaring inflation and interest rates, prompting some ...
In the fourth quarter of 2024, U.S. credit card balances rose by $45 billion, reaching the $1.21 trillion mark — the highest ...
Americans' credit card debt has reached a record high of $1.21 trillion, according to a report released by the Federal Reserve Bank of New York on Thursday (February 13). This increase is part of ...
Nearly half of Americans are carrying credit card debt, according to a recent Bankrate survey, and with interest rates ...
as the global public debt ratio jumped to a record 99 percent of GDP. Private debt from non-financial corporations and households also reached new highs. Debt increases are particularly striking ...
A record-breaking share of credit-card customers were paying only their minimum monthly bill at the end of last year, topping a new high set one quarter earlier. The data, in a Federal Reserve ...
Rithm Capital Corp. RITM reached a milestone by issuing an $878-million mortgage servicing rights (MSR)-backed securitized note, marking the largest MSR-backed debt ... rates are high, as fewer ...
In the newly released "The Long-Term Budget Outlook: 2025 to 2055," the CBO said the debt held by the public, boosted by large deficits, reaches its highest level ever in 2029 and then continues ...
Despite record-high annual ... consumers, credit card debt grew at a slower rate in 2024 than it did in 2023. The total amount of consumer credit card debt in the U.S. grew 8.6% to reach $1. ...
The Philippines’ sovereign debt soared to a new record high as of February 2025 ... in sovereign debt was partially tempered by the peso's appreciation against the US dollar, strengthening to ...