Mark Zandi, chief economist of Moody's Analytics, also noted the impact of credit card defaults on low-income groups.
A s we step into the new year, many Americans are grappling with the financial aftermath of holiday spending layered on top ...
The government's consumer watchdog agency has finalized a rule banning medical debt from credit reports in a move that could ...
In a surprising move, Senator Bernie Sanders announced plans to introduce legislation aimed at capping credit card interest ...
The rising credit card default reflects the worsening economic situation of low-income ... how the 14-year high in credit card debt will impact the economy in 2025. Enditem Follow China.org.cn ...
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in ...
The economy has a significant impact on travel, and here's a breakdown of how economic factors influence the industry.
Many Americans are starting 2025 carrying unmanageable credit card debt. The credit card default rate has hit its highest ...
Coffee runs, makeup, RVs — about 1 in 10 expenses are not compliant with company policy, says Callum Borchers of the Wall Street Journal.
Tanzania removes card fees to encourage the adoption of digital payment methods and enhance financial inclusion.
A University of Central Florida economist believes Central Florida has the potential to outpace the national economy.