Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

34% have a savings account with an interest rate of ... based on data from the Federal Reserve, given that the average household spends $6,081 but the median balance across transaction accounts ...

The Federal Reserve is managing its securities portfolio and commercial banks' liquidity through reverse repurchase ...

The Federal Reserve also tracks U.S. consumers’ average credit card interest rates. As of November 2024, it reported that the average credit card interest rate on accounts with balances ...

Newly confirmed HHS Secretary Robert F. Kennedy Jr. recently reported owing $610,000 to $1.2 million in credit card debt.

Political odd couple Josh Hawley and Bernie Sanders on Wednesday announced they are jointly sponsoring a bill that would force credit card issuers to cut interest rates to 10%, which would ostensibly ...

Sen. Bernie Sanders (I-Vt.) and Sen. Josh Hawley (R-Kan.) agree on very little politically. But the very liberal and very ...

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

Boomers have the highest overall personal loan balance of all generations ... sitting at 2.5% month over month. The Federal Reserve decreased its interest rate for the first time in four years ...