Consumer debt

Credit card debt was down by $76 billion in the second quarter, the steepest decline in card balances since tracking started.

The U.S. Commerce Department delivered new evidence on Friday that the American consumer is helping to fuel economic growth.

A new report from the Federal Reserve finds the net worth of American households and nonprofits reached almost $109 trillion.

A recent survey points out that one in 10 millennials thinks they will die in debt. Click the audio player above to hear the full story.

The total debt carried by Americans has reached yet another record high — $13.5 trillion in the last quarter, according to the Federal Reserve Bank of New York. Household debt is now $837 billion higher than its previous peak in 2008. What’s behind rising household debt, and is it something to be concerned about, especially […]

A deal with Wells Fargo gives some Prime members a discount on interest rates.

Consumers are more willing to spend now and pay later — a sign of increasing confidence, and possibly recklessness as well.