US household debt climbed in the third quarter across every category, hitting $17.943 trillion in aggregate, the Federal Reserve Bank of New York reported Wednesday. Total debt increased by $147 ...

according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 billion in the third quarter of 2024 and are 8.1% higher than a year ago.

Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than ...

Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic. High interest rates and tightening lending standards by banks may be ...

According to the Federal Reserve Bank of New York, the total household debt in the third quarter of 2023 was at $17.29 trillion, which includes mortgage loans, credit cards, student loans ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

Respondents to the New York Fed’s monthly survey said they expect unemployment to remain in check and felt more positive about job security. However, household income growth expectations were the ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...

The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.

Americans downgraded their expectations for benefits from the federal government after Donald Trump won the presidency, ...

NEW YORK — The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings ... what you'll find at a traditional bank." Though the Fed doesn't set ...