American Household Debt Surpasses $16 Trillion

American household has reached a new high, according to a report by the Federal Reserve Bank of New York. Total household debt has surpassed $16 trillion for the [...]

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Credit Card Debt on the Rise

The various handouts and moratoriums during the pandemic drove the personal savings rate down to World War II levels. Everything was closed – there weren’t many [...]

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US Household Debt Rises by $1 Trillion

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion [...]

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