Sep 22, 2017

09/22/2017: More Americans are falling behind on their credit card payments

Financial expert Carmen Wong Ulrich says credit cards aren't bad -- until you start looking at them as free cash. iStockphoto

(Markets Edition) Facebook is turning over more than 3,000 Russia-linked ads to Congress, which is investigating possible interference in the 2016 presidential campaign. On today's show, we'll look at how Mark Zuckerberg plans to handle political ads in the future. Afterwards, we'll talk with Chris Low — chief economist at FTN Financial — about the Fed's plans for interest rates, and then examine why credit card delinquencies are on the rise.

Segments From this episode

Chanel launches its first big fragrance in 15 years

by Kristin Schwab

Sep 22, 2017

The long gap is part of the perfume-making process. But it's also a business strategy.

A perfume flask of 'Chanel N°5', created in 1921, is displayed as part of the exhibition 'N°5 culture Chanel' referring to French fashion designer Coco Chanel (1883-1971) at the Palais de Tokyo art museum in Paris

ERIC FEFERBERG/AFP/Getty Images

LISTEN

EMBED

Credit card delinquency rates inching upwards

by Reema Khrais

Sep 22, 2017

Credit card delinquencies have inched up this year, as a rising number of Americans are falling behind on their card payments. We look at why this is significant, and what are the factors behind this increase. Click the audio player above to hear the full story. Stories You Might Like 10/13/2017: Keeping up with the […]

LISTEN

EMBED

(Markets Edition) Facebook is turning over more than 3,000 Russia-linked ads to Congress, which is investigating possible interference in the 2016 presidential campaign. On today’s show, we’ll look at how Mark Zuckerberg plans to handle political ads in the future. Afterwards, we’ll talk with Chris Low — chief economist at FTN Financial — about the Fed’s plans for interest rates, and then examine why credit card delinquencies are on the rise.