Aug 9, 2023

Got debt?

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Collectively, Americans have $1 trillion of it — and that's just counting the credit card kind. It's a new record. Plus, an investing ban on certain kinds of Chinese tech, and why diversity matters at a major economic symposium.

Segments From this episode

Inflation, high interest rates, and access are all part of credit card debt exceeding $1 trillion

by Stephanie Hughes

Aug 9, 2023

A strong labor market also means people feel more confident they'll be able to pay the debt back.

Gen Zers are are growing their credit card balances at a faster pace than any other generation, and are confident they'll be able to pay it back in the future.

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Trying to boost diversity over margaritas at the Fed's Jackson Hole Symposium

by Nancy Marshall-Genzer

Aug 9, 2023

There's been a push to make the annual gathering more reflective of the country's demographics.

Every August, economists and central bank officials gather for the Jackson Hole Symposium. In recent years, there have been efforts to diversify its attendants.

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Jordan Mangi Digital Producer

Jesson Duller Media Producer

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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