With the widespread release of credit cards in the 1950s and 1960s, they have since become ubiquitous in everyday life.
GSA has asked 15 other agency heads “to reduce their agency charge card limits, and the number and usage of cards.” ...
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll ...
Recent data published by the Federal Reserve Bank of New York show that the proportion of American credit-card debt in ...
Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.