Stories Tagged as
Debt
Americans go into debt — this time for groceries
May 17, 2024
More than a quarter of Americans used a credit card to buy groceries last year and did not pay off the balance when it was due.
Gen Z is taking on more credit card debt
May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
Navigating the stress of emotional debt
by
David Brancaccio
and Natalie White
Apr 16, 2024
New York Times' best-selling author Michael Arceneaux discusses his personal journey with debt and the importance of letting go of the shame often attached to it.
Health and Wealth: Why Americans are drowning in medical debt
Mar 27, 2024
Almost a third of all working adults in the United States are carrying some kind of medical debt — that’s about 15% of all U.S. households.
Even as hourly wages outpace inflation, rising prices take a bite
Mar 12, 2024
It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.
Is rising mortgage debt a bad sign for the economy?
by
Justin Ho
Feb 12, 2024
Mortgage debt has grown 30% since before the pandemic. But the majority of mortgage debt holders have rates below 5%.
With Chinese developer Evergrande set to liquidate, impact may spread beyond investors
Jan 29, 2024
Unwinding the debt-burdened company will likely create large losses among creditors and could trigger some capital flight.
For public good, not for profit.
Why is credit card debt rising again?
by
Justin Ho
Jan 29, 2024
Delinquencies are up, especially for people with lower incomes and multiple types of debt, according to the New York Fed.
Latest figures show rising consumer debt
Jan 9, 2024
Debt levels are rising and interest rates remain high. Delinquencies are also on the rise.
World Bank: Record debt hurting developing countries
Dec 14, 2023
Low and middle-income nations spent $443.5 billion on principal and interest in 2022, says global lender. Many defaulted in recent years.