Debt disparities in the US: Regional and generational trends
SmartAsset examined the latest debt breakdowns by region and age group to understand the financial bottlenecks different ...
The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow
High inflation and high interest rates have contributed to vulnerabilities among consumers, making them all the more ...
A New Report Reveals That America's 1% Is So Rich, They Could Practically Purchase 99% Of Homes In The Country 'Without Going Into Debt'
A new Redfin report shows just how deep the wealth gap in America really runs. According to the data, the wealthiest 1% of ...
Recession alarms are ringing on Wall Street. Here are 4 warnings economists are pointing to.
Recession talk is growing, with Goldman Sachs raising its recession probability to 20% recently. Pain is also being felt in ...
US debt reduction may become a drag, not a brag
The rude health of U.S. household and corporate balance sheets is partially responsible for the exceptional resilience of the ...
The Rise and Fall of Liquid Wealth in the United States
Mutual fund ownership has seen a mixed trend. While the average balance held in mutual funds has risen, signalling that those ...
Digital Journal10d
Poverty threat: US household debt surges
AFP U.S. household debt surged to $18.04 trillion in late 2024, with credit card balances reaching an all-time high of $1.21 trillion. Alongside, nearly 80 percent of US citizens are making ...
Arrears on household bills surge 25% among those in debt – charity
The StepChange debt charity said its average client was £3,911 in arrears on household bills, up from £3,124 in 2023.
US faces default risk in August if debt limit isn't raised, CBO estimates
The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...
The Motley Fool6d
Average American Credit Card Debt in 2025
At first glance, credit card debt numbers in the United States look enormous ... has typically accounted for between 5.5% to 6.5% of household debt. The average American household has about ...
Marketplace7d
The upside of the trade deficit: More foreign investment in the U.S.
President Donald Trump has demonized the trade deficit. And he’s argued that tariffs can help boost American exports and ...