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 […]
With wages and incomes up, more Americans say they are saving for a rainy day. But it might be wiser to use the money to pay down debt. Marketplace’s Aaron Schrank explains. Click the audio player above to hear the full story.
The economy is ticking along and investors seem confident but a new report from Creditcards.com has some sobering findings. It says two out of three Americans with debt aren’t confident they’ll ever be able to fully pay it off. Click the audio player above to hear the full story.
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.