Credit card debt among retirees jumps significantly
Mixetto | E+ | Getty Images The share of Americans with credit-card debt in retirement has jumped considerably — a worrisome financial trend, especially for those with little wiggle room …
Mixetto | E+ | Getty Images The share of Americans with credit-card debt in retirement has jumped considerably — a worrisome financial trend, especially for those with little wiggle room …
A version of this article first appeared in CNBC’s Money 101 newsletter with Sharon Epperson, an eight-week series to improve your financial wellness with monthly updates. Sign up to receive …
The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced Thursday that it will lower its benchmark rate by a quarter point, or 25 basis …
Some consumers have been weighed down by a “vibecession” for a while now — and those feelings might get worse, experts say. A “vibecession” is the disconnect between consumer sentiment …
Mario Tama | Getty Images News | Getty Images Retail therapy is thinly coating voters’ anxieties from the presidential election — and their wallets know it. About 27% of polled …
Courtneyk | E+ | Getty Images First-time homebuyers in the U.S. are getting older. The median first-time homebuyer has reached an all-time high age of 38 years old, three years …
milan2099 | E+ | Getty Images Older Americans have significant equity As current and prospective retirees consider how to handle their assets, their homes are one area where they may …
Collectively, Americans are having a harder time keeping up with their credit card bills. Part of the problem: Carrying a balance comes at a high cost. Credit card rates spiked …
Many factors make it hard to buy a home today, but the one that makes “the biggest difference” in today’s market is the housing shortage, Drew Scott, co-host of HGTV’s …
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images …