stress when in fact it s causing mental illness, anxiety, depression, suicidal thinking. john: welcome back as america reports rolls into hour number two. i m john roberts in washington. that s pretty stunning, sandra. sandra: really serious stuff. sandra smith in new, i don t. all new at 2:00, we speak to a mother who lost her son to suicide. she blames years of heavy cannabis use that made her son s delusions worse. her story and her warning just ahead. as we top a brand-new hour, any moment now we are set to see the pentagon take questions as u.s. troops remain stationed at the southern border with thousands of migrants still making their way into this country. president biden claiming the crisis is far less serious than some feared. how do you think things are going at the border, sir? much better than y all expected. john: the president claims things are looking great, more than 83,000 migrants were detained in just the past week, and given court dates to app
Number that did not change at all, credit card debt stayed flat during the first quarter of the year. it s a time americans usually pay off holiday expenses but inflation and high interest rates have made it impossible to bring down the balance. co-host, taylor riggs and brian brenberg. i know you talk about this on the show all the time and we should care deeply what we see is happening. what is the big warning people are not able to bring down household debt. we call the top of the show debt crisis in america, and the debt ceiling, the personal credit cards, the personal loans that you have. when you think about the rising interest rate environment, if you are already sort of starting to feel unmanageable with the balances, the interest rate, and we talk about the compounding effect of interest rate. credit card debt interest rates are what, 17, maybe 19%. so if you are struggling to pay off some of your immediate debt,
Is soaring at 8.5%, a 40-year high prices spiking across the board from rent to groceries to gas today the national average for a gallon of regular now $4.23. 10 cents higher than just a week ago. i have not been able to do the complete fill-up because, you know, i m on a basically like a fixed income. reporter: now higher interest rates will make loans more expensive including new auto loans and credit card debt interest rates on mortgages hitting 5.41%, up from just 3% a year ago. our business could potentially start to dip based on the fact that people will have to change their buying habits. reporter: this chicago restaurant owner worries she will pass along the highest cost of her business loans to her customers as she tries to expand. it is not an easy discussion because we still want to do right by our customers as well. reporter: as for fears of a possible recession, fed chair powell says there is nothing to suggest one is close expect more half point increases in t