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 ...