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Mortgage rates continued to climb higher last week, dampening demand for loans from both current homeowners and potential homebuyers. They also pushed consumers to riskier loans that offer lower rates. Total mortgage application volume dropped 2.3% from the previous week,…

Credit card balances fell in the first quarter of 2026, decreasing by $25 billion, to $1.25 trillion, according to a new report on household debt by the Federal Reserve Bank of New York released Tuesday. Still, that’s a 5.9% jump from a year…

The U.S. government’s weighing of a financial lifeline for the United Arab Emirates posts bigger questions about what is in store for the booming Mideast economy post-war. The UAE has spent decades engineering one of the world’s most resilient tourism economies, built on global…

(InvestigateTV) — Americans collectively owe $1.3 trillion in credit card debt, with the average household carrying more than $11,000 in balances. John Kiernan, managing editor at WalletHub, said people are struggling with credit card debt. A new WalletHub survey found about 2 in…

The world has never faced a crisis while loaded with so much debt, making the U.S. especially vulnerable despite being the world’s biggest oil producer, according to Ruchir Sharma, chair of Rockefeller International, the global investment strategy arm of Rockefeller…

Because of the extremely high interest rates, credit cards are one of the most expensive ways to borrow money. Even so, at least one-third of credit card users carry a balance from one month to the next, according to the Federal Reserve Bank…

Many Americans are feeling the financial pain following the expiration of enhanced federal subsidies for Affordable Care Act marketplace health insurance. About 1 in 10 people — 9% — who were enrolled in an ACA marketplace health plan last year are now uninsured following…

The 2-year Treasury yield jumped more than 9 basis points Tuesday, to 3.925%, after weak demand in a $69 billion auction. The bid-to-cover ratio in the two-year auction — how many dollars of investment chase every dollar of securities available — was…

Around USD 875 billion in commercial real estate (CRE) debt in the United States is scheduled to mature in 2026. This wave of refinancing comes at a time when interest rates are significantly higher than when many of these loans…

The American consumer’s confidence in the US economy improved slightly in February after cratering a month earlier. A measure of Americans’ short-term expectations for their income, business conditions and the job market rose four points to 72, remaining well below…