Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic.
New data by leading global economic forecaster Oxford Economics Research shows that the Durbin-Marshall credit card bill ...
If the CCCA passes, credit card issuers would suffer a substantial loss of interchange revenue, forcing them to reduce ...
Mark Zandi, chief economist of Moody's Analytics, also noted the impact of credit card defaults on low-income groups.
The trend of growing credit card debt reflects both economic pressures and shifting consumer behaviors. For example, while ...
A s we step into the new year, many Americans are grappling with the financial aftermath of holiday spending layered on top ...
A new WalletHub survey reveals an unprecedented nationwide drop in credit scores, with Alaska plummeting the most and even ...
Emerge Merchant Services Jason Ruedy Jason Ruedy, President of Emerge Merchant Services, reports that merchants are struggling wi ...
Long Island braces for economic changes as Trump vows to raise tariffs, deregulate cryptocurrency, and end wind farm ...
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 Federal Reserve Board cut interest rates by half a point in a surprise announcement Tuesday, March 3, in an attempt to combat the "evolving risks to economic ... rates on credit cards ...