Americans Increasingly Can’t Afford Credit Card Payments as Delinquencies Hit Record Highs
By Tom Ozimek Americans are having growing difficulty making payments on their credit card debt, according to a new report from the Federal Reserve, which shows credit card delinquencies surging to a record high. The share credit card accounts with past due debt payments has reached all-time highs at every time horizon—30, 60, and 90 days—according to fourth-quarter 2023 data from the…
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Trump Nominates Lake, Mastriano to Diplomatic Posts
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Treasury Department Alerts US Banks to Suspected Iranian Money Laundering Efforts
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Gas Prices Lift US Annual Inflation Rate to 3.8 Percent Highest Since May 2023
By Andrew Moran Consumer prices accelerated for the second straight month in April as the war in Iran added to...
