Americans owe a whopping $1 trillion in credit card debt thanks to rising interest rates, according to data from the Federal Reserve.
Federal Reserve data released April 7 shows that U.S. consumers owe $1.0004 trillion on credit cards, up 6.2 percent from a year ago and 0.3 percent from January, according to Dow Jones newswires.
As the market continues to power higher and touches new record highs almost every week, it’s increasingly difficult to find cheap stocks to buy now.
That goes for both price — as many stocks have moved significantly higher on a per-share basis — as well as valuation. Right now, the typical price-to-earnings ratio of an S&P 500 ...
NEW YORK — Markets continued to defy grim predictions of a Donald Trump-induced selloff on Thursday, with the Dow soaring to new highs. The biggest winners in the post-election advance: Wall Street’s largest banks.