Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.
It is time for Americans to ‘pay the piper’ with their mounting credit card debt: Jade Warshaw
Ramsey Solutions personality Jade Warshaw breaks down the latest economic data that shows consumers credit card debt is piling up amid a jump in spending.
Couple reveals how they gained their own financial independence
'The FI Couple' Ali and Josh Lupo join "Cavuto: Coast to Coast' to share on how they managed their debt as well as how they earn their income.
Biden rolls out $4.5B more in student loan handouts for over 60,000 public workers
President Biden's administration on Thursday announced another round of targeted student loan handouts, canceling $4.5 billion in debt for more than 60,000 qualified borrowers.
New federal judge blocks student loan handout day after Biden's court win
A federal judge in Missouri has reinstated a temporary restraining order on President Biden's student loan debt handout plan as Republican states challenge the policy.
Federal judge hands Biden win as Republicans challenge student loan bailout
A federal judge on Wednesday removed Georgia from a lawsuit brought by Republican-led states to challenge President Biden's student loan bailout plan.
Fed interest rate cuts won't help your credit card debt
The Federal Reserve, as expected, cut interest rates by 50 basis points. For those carrying credit card debt, hoping for some relief, are likely to be out of luck.
Investors should 'stick to the plan' following the Fed rate cut: Kenny Polcari
SlateStone Wealth Chief Market Strategist Kenny Polcari provides advice for investors following the Fed rate cut decision and weighs in on former President Trump's proposal for a temporary 10% credit card rate cap.
Debt for most Americans is the problem: Jade Warshaw
'The Ramsey Show' co-host Jade Warshaw discusses Americans grappling with debt, refinancing mortgages after the Fed's rate cut announcement and the 'No Spend September' trend.
Dave Ramsey: 'What happens at your house is a whole lot more important than what happens in the White House'
Ramsey Solutions founder Dave Ramsey discusses the impact of lower borrowing costs on consumers and gives personal finance advice.
US should deal with surging debt now before bigger problems occur: Phillip Swagel
Congressional Budget Office Director Phillip Swagel discusses America's fiscal situation as the U.S. is on track for a $2 trillion deficit for a second consecutive year on 'Cavuto: Coast to Coast.'
US markets starting to see a path towards 'economic resilience': Gerard Cassidy
RBC Capital Markets managing director Gerard Cassidy details the beginning of a rate cute 'cycle' and a 'slow' return from inflationary pressures.
Small businesses dumping inventory is a 'huge' red flag for US economy: Danielle DiMartino Booth
QI Research CEO and chief strategist Danielle DiMartino Booth discusses the growing credit challenges Americans face on 'Making Money.'
Consumers see inflation easing, anxious about job market, personal debt: NY Fed survey
A new report by the New York Federal Reserve found that consumers see inflation leveling off and have mixed views about the labor market, as well as worries about household debt.
Parents are going into deeper credit card debt to cover back-to-school expenses
American households are struggling to afford back-to-school items such as backpacks, clothing and books. It's why millions of parents are carrying debt to make sure kids have what they need.
Breaking down 35 trillion reasons why Trump, Harris should be talking about national debt
'Barron's Roundtable' panelists discuss the U.S. federal debt topping $35 trillion with no plans to fix it.
Back-to-school scams and fraudsters to beware: What families must know
Students are preparing for the back-to-school season by stocking up on school supplies. Experts warn vulnerable families of potential scams this time of year.
Americans' household debt surged in recent years amid challenging consumer environment
American households have seen their debt levels surge in recent years as high inflation and interest rates have strained budgets, forcing consumers to turn to credit and debt.
You have to be the boss of what you do with your money: Ken Coleman
'The Ramsey Show' co-host Ken Coleman voices the importance of budgeting as Americans fall further into debt and discusses Gen Z's focus on investments instead of working a 9-5.
Debt is the problem: Jade Warshaw
Ramsey Show co-host and debt elimination expert Jade Warshaw discusses consumers turning to credit cards as persistent inflation weighs down Americans.