US Credit Card Debt Tops $1 Trillion for First Time
U.S. consumers added more than $92 billion to their credit card debt last year, and the total amount of credit card debt topped $1 trillion for the first time ever.
Economy
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Americans Have Up to $1.1 Billion in Unclaimed Tax Refunds
IRS data show that Americans may have as much as $1.1 billion in unclaimed refunds for the 2014 tax year and a limited time to claim those refunds.
Lending Your Credit Card to Someone Else Is Probably a Bad Idea
Lending a credit card to someone might make you feel good, but it can often turn into an unhappy experience.
Factory Orders Fall in January Following 5 Months of Growth
The Commerce Department's final report on January factory orders and shipments posted its first drop in six months. Automobiles and commercial jets both posted decreases.
Where Your Generation Lives
The most popular U.S. cities to live in changes with the generations -- millennials, Gen Xers and boomers choose different favorites for different reasons. Here are the most popular cities for each generation.
Here’s What You Need to Earn to Be a One-Percenter
Moving up the ladder of wealth in the United States is not impossible, but it's more than difficult. Just to reach the top 1% of earners requires an income of nearly $500,000 a year.
IRS, Treasury Clarify Rules on Carried Interest, but It Might Be Too Late
When Congress passed the tax law changes, it left some holes that smart accountants and tax attorneys leapt on without hesitation.
March Madness Cuts Worker Productivity by 6 Hours
March Madness, which stretches over a period of days, dents businesses for over six hours of work time, according to a new survey.
2017 GDP Could Tame Some Fed Rate Hike Expectations
The Commerce Department's first revision for the gross domestic product for the fourth quarter of 2017 was downward and right in line with expectations.
10 Key Takeaways From Fed Chair Powell’s First Testimony to Congress
There are 10 takeaways that the investment community should take away from Fed Chair Powell's testimony.
Consumer Confidence Back Up at Levels Not Seen Since 2000
The Conference Board has released a better-than-expected reading on consumer confidence for February.
Manufacturing Activity Expands in Texas Region in February
The Federal Reserve Bank of Dallas may be a regional branch of the Federal Reserve system, but it tracks regional economic reporting for the nation's energy patch.
Chicago Fed Shows Slower National Economic Growth Trends in January
The Chicago Federal Reserve is a regional branch of the Federal Reserve system, but it releases a national economic reading called the Chicago Fed National Activity Index.
Cybercrime Cost Is Almost 1% of Global GDP and Growing
At its current growth rate, cybercrime could become one of the largest businesses in the world.
Leading Economic Indicators Report Keeps Rising
January had the fourth monthly gain for leading indicators, though this was just ahead of the panic selling waves that dominated the first week of February.