Americans owe record $1.3 trillion in credit card debt

Credit card debt has reached record levels in the U.S., a troubling sign that consumers are increasingly relying on credit cards to cover everyday costs.

Stocks tumble as Dow, S&P 500 close out worst day since 2022

The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.

Dow, S&P 500, Nasdaq have worst session since 2022

U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing. 

Intel to layoff roughly 15,000 workers amid revenue slump

Intel Corp. sent a memo to employees on Thursday announcing that the company would be cutting nearly15,000 jobs.

Study ranks US states with most financially-distressed residents

WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.

New FAFSA issue could delay financial aid for college students this fall

Some college students may not be able to pay for tuition, books and other bills when classes start in a few weeks due to the latest hiccup in submitting federal financial aid forms.

Federal Reserve sees progress with inflation, hinting that a rate cut is near

The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.

US national debt tops $35 trillion, hitting new record

The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.

Median home price in metro Atlanta overpriced, study says

The metro Atlanta area is the second most overpriced housing market in the nation, according to a newly released study.

US economic growth increased last quarter to a healthy 2.8% annual rate

The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.

Americans are falling behind on their car payments, data shows

Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.