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.
Americans' credit card debt set a new record of $1.2 trillion ... at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the impact of tariffs and ...
Americans are depending on their credit cards to cope with rising prices, and as interest rates continue to climb, that debt is becoming more expensive. The Federal Reserve has been raising ...