Latest in Credit card debt hit $1.21 trillion. Here's why 'no one should be surprised,' expert says.
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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 -
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 -
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 -
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 -
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 - 9h -
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 -
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 -
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 -
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 -
RFK Jr. has questioned rising autism rates. Here's why experts say he's wrong
Robert F. Kennedy Jr. has questioned why autism rates have been rising over the last several years. Experts say he's missing nuance in these conversations.ABC News - 5d -
Gold could hit $3,000 soon and $4,000 in 2026, this market pro says. Here’s why.
Yardeni: Inflation, tariffs, plus countries accumulating gold as a haven from U.S. sanctions.MarketWatch - 3d -
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 -
Ronald Reagan’s budget czar warns of ‘Trump’s $30 trillion debt disaster’
David Stockman was the O.G. ‘DOGE’ hatchet man.MarketWatch - 5d -
Does an ARM loan make sense this February? Here's what experts say
Depending on your financial goals and timeline, it could be worth getting an ARM loan this month, experts say.CBS News - 6d -
Here’s How Remote Relationships Can Be Even Stronger Than In-Person Ones, According to a Communications Expert
A few small tweaks can mean much stronger relationships with remote employees or customers, says author Andrew Brodsky.Inc. - 5d -
Joe Burrow makes a surprising pick for 2025 Super Bowl: QB says Chiefs-Eagles will come down to this one thing
The Bengals star is the only active QB who has beaten Patrick Mahomes in the playoffsCBS Sports - Feb. 9 -
Lyft says rides have gotten cheaper. Here’s why investors are selling.
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street’s expectations, as it tries to stay competitive with ...MarketWatch - Feb. 12 -
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 -
‘Magnificent Seven’ stocks may be cheap and the S&P 493 expensive, Bridgewater says. Here’s why.
It’s generally accepted that the Magnificent Seven megacap stocks are expensive and the remaining 493 stocks in the S&P 500 are not very pricey. But that may be wrong.MarketWatch - 5d -
Goldman says AI could be a $200 billion game changer for China markets. But here’s why investors shouldn’t rush in.
China stocks are starting to feel the benefits of AI, but Goldman Sachs says there are reasons not to rush in.MarketWatch - 1d -
Happiness Researchers Studied 50,000 People. Here’s the Surprising Thing They Learned
Need to schedule an important meeting or call? Timing is everything.Inc. - Feb. 10 -
Why AI should be a hallmark of US foreign assistance
AI is the key to winning friends and influencing countries in the 21st century.The Hill - 8h -
Here's where the jobs are for January 2025 — in one chart
Health care and retail were strong areas for the U.S. economy in January.CNBC - Feb. 7 -
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.CNBC - 6d -
Trump has two strong options to defuse the U.S. debt time-bomb. He should use them.
AI-fueled productivity growth, combined with realistic and constructive immigration reform, would put the U.S. economy on more solid footing.MarketWatch - Feb. 8 -
UFC 312 odds, predictions, time, Sydney card: du Plessis vs. Strickland 2 picks by proven MMA expert
SportsLine's Daniel Vithlani reveals his picks for the UFC 312: du Plessis vs. Strickland 2 fight card from Qudos Bank Arena in Sydney, Australia, on SaturdayCBS Sports - Feb. 9 -
UFC 312 predictions -- Dricus du Plessis vs. Sean Strickland: Fight card, odds, preview, expert picks, prelims
Check out who the experts at CBS Sports are taking in the two title fights scheduled for Saturday night in SydneyCBS Sports - Feb. 9 -
UFC Fight Night odds, predictions, time, card this week: Cannonier vs. Rodrigues picks, bets from MMA expert
SportsLine's Daniel Vithlani reveals his picks for the UFC Fight Night: Jared Cannonier vs. Gregory Rodrigues fight card from the UFC Apex in Las Vegas on SaturdayCBS Sports - 3d -
Here’s how Democrats should fight back against Trump | Margaret Sullivan
Democrats in a new generation are punching back hard. And, in so doing, showing their colleagues how to overcome their reputation for dithering. It’s easy to be disgusted with the Democratic party ...The Guardian - Feb. 7 -
The Fed’s job is not to boost the stock market. Here’s what it should be doing.
Getting inflation down to 2% should be the Fed’s No. 1 concernMarketWatch - 6h -
Sam F. Davis Stakes 2025 predictions, horses, odds, field: Surprising picks by top horse racing expert
SportsLine horse racing writer Gene Menez reveals his Sam F. Davis Stakes 2025 picks after evaluating the contendersCBS Sports - Feb. 8 -
Risen Star Stakes 2025 predictions, horses, odds, field: Surprising picks from top horse racing expert
SportsLine horse racing writer Gene Menez reveals his Risen Star Stakes 2025 picks after evaluating the contendersCBS Sports - 3d -
NFL goalposts aren’t where they used to be: Here's why
Like many things in the NFL, the goalposts have evolved over time.The Hill - Feb. 8 -
Trump Offered a Buyout. Here’s Why They Took It
The Trump administration promised to pay workers who accepted a buyout through September 30Inc. - 2d -
2025 Masters picks, odds, field: Surprising predictions from golf model that hit 13 majors
SportsLine's proven model simulated the 2025 Masters 10,000 times and revealed its surprising PGA Tour golf picksCBS Sports - 1d -
Why you should be rooting for the Eagles in Super Bowl LIX
"Fly, Eagles, Fly" has a nice ring to it, but Philadelphia is a bit of a throwback. If you are tired of the shotgun and passing it every down, this team is for you.Yahoo Sports - Feb. 6 -
Why you should open a short-term CD with inflation rising again
With inflation consistently rising, a short-term CD account once again makes sense for many savers. Here's why.CBS News - 4d -
Why Nickel Boys should win the best picture Oscar
In the first of our annual Oscar hustings, here why RaMell Ross’s incredibly tender film of Colson Whitehead’s novel should take the top prize. The idea of praising a film for being beautiful is ...The Guardian - 1d