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The amount of personal debt Americans collectively held hit another new high in the fourth quarter as Americans struggle to pay for everyday expenses. ....
Will Kessler Daily Caller News Foundation Household debt reached a new high of $17.5 trillion in the fourth quarter of 2023, with credit card debt and mortgages contributing the most to the increase. Americans have been turning to debt to fund expenses as rising prices and high interest rates take a toll on consumers. “The… ....
Explore the top 10 economic charts of 2023 that you'll want to share with your loved ones during the holidays. Get insights into record-breaking employment, economic growth, and more. ....
A character in Ernest Hemingway’s first novel, “The Sun Also Rises,” explains how he went bankrupt: “Gradually and then suddenly.” Americans who have fallen deep into credit card debt or had to rely on high-interest, payday loans probably can relate. ....