The average insolvent debtor's credit card debt surged by 25.9% to $20,398 in 2024, marking the sharpest annual increase since the study began in 2011, according to research conducted by Licensed ...

When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government ...

Most generations increased their average FICO Score by a single point in 2024, although Generation X, currently carrying more ...

Many Americans won't spend money at major retailers for a day. Why the no-spend day is gaining traction now, and the Ohio ...

The Trump administration’s policies could indirectly impact borrowing costs. Also, the costs of goods and services could rise ...

The Chicago Community Trust and Mastercard are using spending data to measure the value of a multipurpose asset.

An industry report says that monitor and laptop makers are trying to mitigate Trump's economic policies and their impact on ...

There's nothing inherently wrong with Ally Financial's business. In fact, it managed to more than double generally accepted accounting principles ( GAAP) earnings year over year in the fourth quarter ...

Fed policy decisions directly impact your wallet, including the interest rates on your credit cards. We’ll tell you how.

The Credit Card Competition Act (CCCA), currently being debated in Congress, is touted as a way to increase competition and lower costs for merchants by reducing interchange fees on credit card ...

When the Federal Reserve speaks, the whole world listens—and if you have a credit card, you should listen too. That’s because the Fed’s monetary policy decisions directly impact your wallet ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.