Why are credit card interest rates so high? Unpacking the economics behind your debt

Why are credit card interest rates so high even for borrowers with strong credit scores? This guide breaks down everything from policy to profits. Read More

America’s $1 Trillion Credit Card Debt: What It Means for You

Credit card debt in America has officially crossed the $1 trillion threshold for the first time in history, marking a milestone that reflects ... Read More

The Fed just cut rates. But relief might not come quickly enough for some Americans

Consumer spending is a crucial part of the US economy, accounting for about two-thirds of its growth. And judging from retail sales data released earlier this week, that economic engine appears to be ... Read More

What the Fed's interest-rate cut means for your wallet

The Fed made its the first rate cut of the year this week. Here's what that means for savings, mortgages, and more. Read More

Map shows states with biggest increase in credit card debt

Rising credit card balances can increase household costs through higher interest payments and reduce consumers' ability to sustain spending. Read More

Nearly Half of Americans Say Trump Move Driving Up Their Credit Card Debt

Many consumers, especially younger Americans, believe the administration's trade policies are pushing them deeper into debt. Read More

Retail Looks Up As Inflation Eases, But Consumer Uncertainties Cloud The Picture

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Retail sales remain strong, but consumers face slowing wage ... Read More

Will the Fed cut rates today? See 5 economic charts that may determine its decision.

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024. Read More

Premium credit card fees are rising. For whom are these cards a good deal?

NPR's Ayesha Rascoe talks to Brian Kelly, founder of credit card and travel website "The Points Guy", about the rising fees in the premium credit card space. High-income consumers or those with strong ... Read More

Fitch affirms US credit at 'AA+', rising debt a ratings constraint

Aug 22 (Reuters) - Fitch affirmed the U.S. credit rating at "AA+" on Friday, highlighting concerns over rising debt levels while also citing the country's large, high-income economy, and its financing ... Read More