A report from the Federal Reserve shows household debt levels have climbed to all-time highs, led by a record jump in credit card debt—and a rise in defaults.
A new report from Bankrate shows that average retail credit interest rates have soared to all-time highs amid the Federal Reserve’s interest rate hikes.
Macy’s has said that credit card delinquencies among its customers have risen sharply, while warning that American consumers seem to have hit a rough patch—with more pain likely to come.
Almost one year ago, an effort began to create a new Merchant Category Code (MCC) to track the purchases of firearms and ammunition. However, inspired by the uproar of Second Amendment constituents, Republicans in the United States Senate and lawmakers in several states have introduced legislative efforts that have successfully shut them down—for now.