The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.
More Stories
Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president
To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.
UK economy ekes out 0.1% growth in November, below expectations
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed...
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.
German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic...
New Zealand won’t ‘get rich’ by focusing trade in the South Pacific alone, PM says
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.