Americans' credit card debt reaches new record high: Federal Reserve

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.

ABC News - 5d

Credit card debt hits a new record high: 3 ways to tackle yours now

Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.

CBS News - 5d

RFK Jr. had up to $1.2 million in credit card debt — what experts say about tackling high balances

Robert F. Kennedy Jr.'s recent financial disclosures show a "massive" amount of credit card debt, according to experts.

CNBC - Feb. 7

Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says

Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.

CNBC - 5d

One-third of Americans have more credit card debt than emergency savings: Survey

Millennials were most likely to have more debt than savings, with 42% falling into that category.

The Hill - 4d

How to Pay Off Credit Card Debt

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.

The New York Times - Feb. 7

3 simple ways to take control of your credit card debt this February

Between today's high rates and the recent uptick in spending, it's time to get your credit card debt under control.

CBS News - Feb. 11

3 things to say (and 3 not to) when asking for credit card debt forgiveness

The debt forgiveness negotiation process is a delicate dance, and just one wrong move could cause big issues.

CBS News - 4d

What is the rule of 72 for credit card debt (and why does it matter)?

The rule of 72 exposes the true cost of procrastination when it comes to credit card debt. Here's how it works.

CBS News - 8h

Credit card debt hit $1.21 trillion. Here's why 'no one should be surprised,' expert says.

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.

NBC News - 5d

Tensions between Trump, media reach new high

Tensions between the Trump White House and the press are reaching a fever pitch after the president banned The Associated Press from Air Force One and the Oval Office over its refusal to use the ...

The Hill - 13h

A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.

CNBC - Feb. 7

Can the Federal Reserve Look Past Trump’s Tariffs?

Top officials are grappling with how to handle potential price increases caused by the administration’s policies.

The New York Times - 5h

New Zealand’s ‘Everyone must go!’ tourism campaign ridiculed as emigration hits record high

Tagline has quickly become the subject of derision, with some critics likening it to a clearance sale slogan . A New Zealand tourism campaign targeting Australian visitors has been ridiculed for ...

The Guardian - 2d

Americans are piling on debt at a furious pace, as tariffs loom

Credit-card bills and car loans swelled at the end of 2024.

MarketWatch - 5d

New brackets, deductions and credits for taxes

It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...

CBS News - Feb. 11

You only need 2 or 3 cards to maximize rewards, says credit expert—here's how to choose

The key to building a credit card strategy is to tailor your card usage to how you already spend, experts say.

CNBC - Feb. 11

Tremors hitting Santorini reach new strength

Three more quakes above 4.0 magnitude are registered on Monday near the Greek tourist hotspot.

BBC News - Feb. 10

GTA 6 Parent Company's Stock Reaches All-Time High, And This Could Be Why

Grand Theft Auto parent company Take-Two's stock price is soaring this week following the company's recent earnings report on February 6. Why is the share value surging? It's often hard to know ...

GameSpot - Feb. 7

Americans expected to place record $1.39bn in bets for Super Bowl LIX

The US sports betting industry has boomed since 2018 – with it brings a ‘dark side’ as gambling addiction also rises. More Americans than ever are expected to place bets on Sunday’s Super Bowl , ...

The Guardian - Feb. 8

Women’s college basketball power rankings: How is UCLA reaching new heights?

One of the most impressive runs in recent memory came to an end Sunday, as Texas halted South Carolina’s 57-game winning streak in SEC play. The Gamecocks had gone more than three seasons without a ...

Yahoo Sports - Feb. 10

The $50 billion failure: How federal homeless policy betrays Americans

Elon Musk's Department of Government Efficiency (DOGE) should focus on exposing the waste in the federal homelessness-industrial complex and redirecting billions to policies that deliver results, ...

The Hill - 1d

Chappell Roan was one of the 25 million uninsured Americans — here’s why health coverage is still out of reach for some artists

Chappell Roan used her Grammy acceptance speech to call out record labels for not providing better protections for artists struggling to afford health care.

CNBC - Feb. 7

Wholesale egg prices have 'blown way past' record highs, analyst says

Wholesale egg prices are on the rise amid a bird flu outbreak.

CNBC - Feb. 10

BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek's AI help

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.

CNBC - Feb. 11

Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high

The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.

CNBC - 6d

European defence stocks rise by €18bn to record high ahead of Ukraine peace talks – business live

Shares in BAE Systems, Rheinmetall and Saab soar, as Keir Starmer offers to put British ‘boots on the ground’ in Ukraine. UK firms mull biggest layoffs in a decade as business confidence ...

The Guardian - 1d

How the 'Captain America: Brave New World' post-credits scene teases what's next for the MCU

Yes, 'Captain America: Brave New World' has a post-credits scene. Here's how it teases what's to come in the MCU.

Los Angeles Times - 4d

Vote counting is underway in high-stakes state election in the New Delhi region

Vote counting started in the high-stakes state legislature election in India’s federal territory, including New Delhi, with TV exit polls predicting a win for Prime Minister Narendra Modi’s ruling ...

ABC News - Feb. 8

High School Trans Athletes Challenge Trump’s Executive Order in New Hampshire

A lawsuit appears to be the first challenge to the constitutionality of an executive order barring trans athletes from girls’ and women’s sports teams.

The New York Times - 6d

Americans expect to spend a record $14.6 billion on their significant others for Valentine’s Day, report finds

The uncertainty of the future and the broader economy may be leading people to splurge on holidays, expert says.

CNBC - 4d

Wind energy just had a record year in Germany — but the federal election could shake things up

2024 was a strong year for wind energy in Germany, but the two parties leading polls ahead of the election later this month have been critical of wind turbines.

CNBC - 14h

NBA All-Star Game, with little basketball and a lot of Kevin Hart, reaches new low of wasting everyone's time

A majority of the three-hour All-Star Game event was painfully bad on Sunday night

CBS Sports - 1d

FBI says it found 2,400 new records related to JFK assassination

The FBI said Monday that it discovered roughly 2,400 records related to the assassination of President John F. Kennedy.

CBS News - Feb. 11

FBI says it has discovered 2,400 new records related to JFK assassination

The agency was transferring the records for declassification and did not say what information they contained. The FBI on Tuesday said it had discovered 2,400 new records related to the ...

The Guardian - Feb. 11

UK steel industry fears ‘devastating blow’ from Trump tariffs; Brussels vows to react; FTSE 100 hits record high – business live

US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effect. Trump to announce 25% aluminum and steel tariffs as China’s levies ...

The Guardian - Feb. 10

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