Americans Credit - QuikReader

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 - Feb. 13

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 - 6d

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

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

Giménez credits Milan fans for his strong start

Mexico forward Santi Giménez has said he is playing well because of the confidence the coaching staff, teammates and fans at AC Milan are giving him.

ESPN - 2d

GM credits Trump for USA-Canada's 'political flair'

Bill Guerin, GM of the U.S. hockey team, said he would welcome a visit from President Trump and credits him for adding a "political flair" to the matchup vs. Canada.

ESPN - 1d

1 in 5 taxpayers are missing out on thousands with this tax credit

The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

The Hill - Feb. 10

We're buying more of an entertainment giant that didn't get credit for a strong quarter

The post-earnings decline, which took shares below $110 each, presents an opportunity to add to our position.

CNBC - Feb. 11

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

Treasury fears UK watchdog will give it little credit for pro-growth reforms

Chancellor Rachel Reeves is braced for a steep downgrade by the Office for Budget Responsibility to its forecasts for output

Financial Times - Feb. 12

Fitch flags ‘contagion growth’ threat as banks load up on private credit

Private credit has become an increasingly popular asset class, with investments from insurance carriers and pension funds to drive returns.

MarketWatch - 6d

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 - 5d

Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million

A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.

The New York Times - 5d

UBS offers sabbatical perk to former Credit Suisse staff only

Disparities in some benefits remain almost two years after UBS rescue merger

Financial Times - 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 - 2d

Texas AG Paxton claims credit for Trump climate retreat

Texas Attorney General Ken Paxton (R) is taking credit for a Trump administration retreat on climate. On Wednesday, Paxton’s office said it had blocked a Biden-era rule that would have directed ...

The Hill - 1d

What is the credit card debt statute of limitations (and why does it matter)?

Understanding the statute of limitations on your credit card debt can have a big impact on how you handle it.

CBS News - 1d

DOGE Puts $1 Spending Limit on Government Employee Credit Cards

The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.

Wired - 3h

The real threat to American prosperity

Nobel-winning economist Daron Acemoglu on trade wars, tech industry hubris — and how loss of faith in US institutions could spiral

Financial Times - Feb. 8

Who are the Americans still in Russian custody?

Russia has released an American teacher imprisoned over what his family said was prescribed medical marijuana, but several other Americans are still detained

ABC News - Feb. 11

Trump is striking at the heart of American government

President Trump's second term has seen a significant shift towards executive overreach, with policies such as a federal hiring freeze, withdrawal from international aid, and funding freezes, which ...

The Hill - 2d

Millions of Americans dealing with freezing temperatures

Texas is seeing freezing temperatures as millions of Americans deal with snow, sleet and flooding. CBS News Texas' Ken Molestina reports.

CBS News - 1d

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

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

A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC

The IRS estimates that a fifth of eligible taxpayers fail to take advantage of the tax break each year.

The Hill - Feb. 8

Kanye West exits X, credits Elon Musk with 'allowing me to vent' via venomous rants

Ye, the rapper formerly known as Kanye West, logs out of X (formerly Twitter) after a weekend of more antisemitic posts. He left with a parting message: 'I appreciate Elon for allowing me to vent.'

Los Angeles Times - Feb. 10

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

Game Monument will let players fund titles by giving them credit inside games

Nate Pacyga had a big thought inside a cathedral, where he saw donors credited by their support of the Bath Abbey in the United Kingdom. He wondered why that can’t happen in video games. As game ...

VentureBeat - Feb. 11

Eagles' Saquon Barkley credits Penn State career for his beer-shotgunning ability: 'I had my party days'

The Eagles' superstar learned how to party at Penn State

CBS Sports - Feb. 12

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 - Feb. 13

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 - 6d

Senate Republicas propose bills to kill EV tax credit, add road repairs tax

Senate Republicans introduced a pair of bills on Wednesday aiming to strip the country of its electric vehicle (EV) tax credits and instead replace it with an obligatory $1,000 tax payment to be ...

The Hill - 6d

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 - 6d

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 - 6d

Jalen Hurts first $50 million QB to win Super Bowl; credit Eagles for fielding champion with rising salary cap

A massive chunk of the Eagles' salary goes to Hurts, but they made it work en route to a title

CBS Sports - 1d

Expert on why the Capital One-Discover merger could reshape credit card industry

The Capital One-Discover merger is a step closer to reality, with shareholder approval clearing the way for federal review. The deal would push Capital One ahead of Citi in the credit card ...

CBS News - 1d

Why Trump wants an American sovereign wealth fund

The US does not really need a state investment vehicle — it is one already

Financial Times - Feb. 7

Transgender Americans sue over Trump passport policy

Seven transgender or non-binary Americans sued the Trump administration Friday over its new policy preventing people from obtaining passports with sex designations that match their gender ...

The Hill - Feb. 8

Bird flu outbreak has Americans desperate for eggs

Bird flu is causing soaring egg prices that have American consumers stressed out, leading to a rush at stores and thefts. Ali Bauman has more details.

CBS News - Feb. 8

Trump’s Shameful Campaign Against Transgender Americans

Trump’s attacks on trans people are on the wrong side of history and humanity.

The New York Times - Feb. 9

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