Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable. Yet under the hood, a wealth divide that ...
Overall household debt levels continue to hit record highs in the U.S. The largest sources of that debt are mortgages, vehicle loans, student loans and credit cards. Total amounts of debt, as well as ...
Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to Experian data. That's a 2.4% increase from the $17.15 trillion total Experian ...
With inflation still squeezing household budgets and interest rates staying high for most of the year, national consumer debt continues to climb across borrowing categories — from mortgages and credit ...
ADA, Okla.--(BUSINESS WIRE)--Foreclosure legal inquiries jumped nearly 30% year-over-year in the second quarter as mounting consumer debt pushed Americans to seek legal help at the highest rate since ...
Public debt in the United States is nearly $35 trillion, rising 23% in the last four years alone. Private debt in the United States totals almost $66 trillion. The debt buildup in the post-2007 period ...
U.S. consumer spending, which drives nearly 70% of GDP, is showing signs of exhaustion as savings dwindle and job losses rise. Consumer sentiment has plunged to near all-time lows, with rising ...
Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to Experian data. That's a 2.4% increase from the $17.15 trillion total Experian ...