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News
'Questions to answer': treasurers spar over credit blow
1+ day, 22+ hour ago (26+ words) Queensland is poised to lose its AA+ credit rating amid a surge in global bond yields, sparking a blame game between the state and federal treasurers....
Consumers turn to credit as prices rise
5+ day, 7+ hour ago (510+ words) We’ll be getting a better picture of consumer borrowing this week from the Federal Reserve. The engine of this economy — the force that's kept it ticking along in the face of tariffs and wars and climate disasters — is the U....
Covering Basic Expenses with Credit Cards Adds to the Growing Debt Cycle | Money & Finance | newbernsj.com
2+ week, 6+ day ago (307+ words) (Feature Impact) For many Americans, credit cards were once reserved for emergencies, major purchases or added security when shopping online. However, today, people are increasingly relying on credit cards and unsecured debt to cover basic everyday expenses like groceries. According…...
PARKER: Which candidates will drive up cost of credit
1+ week, 1+ day ago (677+ words) It’s midterms crunch time, so we are hearing endless political promises from all candidates. My hope is that with so much talk about affordability and economic growth, a voter or two would raise their hand and ask about price controls…...
Americans turning to "buy now, pay later" loans for rent, food, and other necessities
1+ week, 2+ day ago (52+ words) Buy now, pay later loans exploded in popularity during the pandemic as a way to split up large consumer purchases. Now, people are using them to afford everyday necessities. CBS News MoneyWatch reporter Megan Cerullo breaks it down. Americans turning…...
Which candidates will drive up cost of credit
1+ week, 2+ day ago (567+ words) It’s midterms crunch time, so we are hearing endless political promises from all candidates. My hope is that with so much talk about affordability and economic growth, a voter or two would raise their hand and ask about price controls…...
Buy Now, Pay Later for Rent and Groceries: Risks and Trends in 2026 - News and Statistics
1+ week, 3+ day ago (378+ words) IndexBox Search across reports, market insights, and blog stories. BNPL Loans for Essentials: A Growing Trend and Its Risks Buy now, pay later loans, initially marketed for small purchases like electronics and clothing, are now being promoted by financial firms…...
Where credit card balances are highest, and what it says about a K-shaped economy
1+ week, 3+ day ago (711+ words) Credit card debt has increased nationwide, but some states have higher average balances. Here's where, plus how you can start to pay down your balances....
Consumers making 'more frequent, but lower value' card purchases, says Central Bank
1+ week, 3+ day ago (235+ words) 6 Months for €18.50 A customer uses a credit card to make a contactless payment. Picture: Simon Dawson/Bloomberg Irish consumers are making more card transactions but at lower values, latest card spending statistics from the Central Bank shows. Central Bank data…...
Credit Out of “Thin Air” Brings Wealth Destruction
1+ week, 4+ day ago (95+ words) Federal Reserve policy has been to expand credit out of nothing without regard for the real damage it does to the economy.Original article: https://mises.org/mises-wire/credit-out-thin-air-brings-wealth-destruction Credit Out of “Thin Air” Brings Wealth Destruction Federal Reserve policy has been to expand…...