Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting a new record high at the end of June, according to a New York Federal Reserve report published ...
A February 16 report from the Federal Reserve Bank of New York's Center for Microeconomic Data, highlighted that U.S. household debt hit a record $16.90 trillion at the end of 2022, jumping $394 ...
This holiday season has come with a hefty price tag: record-high credit card debt. Over a third of (36%) of American consumers took on holiday debt, according to a new survey from LendingTree, with ...
The report also shows Americans’ student loan debt hit a new record, at $1.65 trillion. A lot more borrowers are missing their payments, as well; nearly 10% of all student debt was reported as 90 days ...
MUMBAI, May 8 (Reuters) - Punjab National Bank (PNBK.NS), opens new tab (PNB), India's second-largest state-run lender by assets, aims to recover more soured loans this year, leading to a record-low ...
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