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US household debt soars to record $18.6 trillion — is a financial crunch coming?U.S. household debt has reached a new record of $18.6 trillion, showing that many Americans are borrowing more for student loans and credit...- Signs of disaster: Americans drown in record $1.33 trillion credit card debt, and it’s still climbingUS credit card debt 2025: Americans owe a record $1.33 trillion in credit card debt. Millions of families are using credit cards for daily ...
- How to pick the right travel credit card as costs and perks change - here's what experts sayBest travel credit cards 2025: Premium travel credit cards are becoming more expensive, with American Express, Chase, and Citi raising annu...
- American Express Platinum card changes: Here are the Amex benefits you will get with a fee of $895American Express upgraded its Platinum cards, adding $3,500 in perks for dining, travel, and shopping. The annual fee rises to $895 for bot...
- Fed cuts rate today: How it affects borrowers with credit cards, auto loans & student loans?Federal Reserve interest rates: Federal Reserve’s recent quarter-point rate cut offers modest relief by lowering interest rates on variable...
- Fintech companies caught up in tariff turmoilSome fintech companies, including Affirm and Robinhood, also earn fees from debit card and credit card purchases - revenue that could be vu...
- Judge orders return of wrongly deported Maryland man to US from El SalvadorA judge ordered the Trump administration to return Kilmar Abrego Garcia to the U.S. after he was wrongly deported to El Salvador. The U.S. ...
- US February retails spendings rebound moderately; here’s what experts sayThe moderate rise in February retail sales indicated that consumers were maintaining a cautious approach to spending against the backdrop o...
- AWS unveils new service to counter cybersecurity threatsIt is estimated by the International Monetary Fund that cyberattacks will cost the world $23 trillion by the year 2027. Therefore, this ser...
- This is huge! An average American now carries $6,329 in credit card debtLast week, Federal Reserve Chairman Jerome Powell indicated a cut in the bank rates in September. However, experts believe the Fed may conv...
- The secret life of gift cards: Here's what happens to the billions that go unspent each yearGift cards get lost or forgotten, or recipients hang on to them for a special occasion. In a July survey, the consumer finance company Bank...
- Rx: Plastic SurgeryThe share of credit card users who carry a balance has increased to 46% from 39% a year ago, according to Bankrate. 'Almost half of cardhol...
- Unauthorised purchases, crippling debt, unknown bank account: Your partner may have some financial skeletons in the closet!Over 39% of people make financial miscalculations without informing their partner.
- Visa profit beats as payment volumes surge on travel demand"The substantial growth in processed transactions is a good indication that inflation isn't the primary driver of increased spending," said...
- Judge sets October trial for Elon Musk-Twitter takeover disputeTwitter is trying to force the billionaire to make good on his April promise to buy the social media giant for $44 billion — and the compan...
- Twitter, Elon Musk lock horns in Delaware court over bid for fast-track trialTwitter is seeking to resolve months of uncertainty for its business as Elon Musk tries to walk away from the deal over what he says are Tw...
- US retail sales surged 3.8% in January as threat of omicron fadedRetail sales surged a seasonally adjusted 3.8% last month, whizzing past the projections of most economists. That compared to the prior mon...
- Fears of exploitation grow for children stranded in Ethiopia's Tigray conflictNearly 5,000 children have lost contact with their parents or been orphaned since fighting erupted in November, with many living in informa...
- Why banking needs to be treated as a public utilityIn simple terms, are banks meant to be turbo-charged return on equity (ROE) machines, driving innovation, risk-taking and high returns for ...
- Ex-execs want co to cover legal costsFormer top employees at Delphi have asked a bankruptcy judge to force the parts-maker to cover legal costs from responding to federal subpo...
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