US Credit Card Debt Nears $1 Trillion at End of 2016
U.S. consumers added $60 billion to their credit card debt in the fourth quarter of 2016, the largest fourth-quarter increase since 2007, just ahead of the Great Recession.
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Student Loans Help Pay for the Beer and Bikinis of Spring Break
Have you ever wondered how cash-strapped college students manage to pay for those spring break trips to sunnier climes?
Will Unemployment Press the Fed to Raise Interest Rates in March?
This Friday's unemployment report is also one of the freshest economic views before Federal Reserve decides whether to raise interest rates at the March FOMC meeting.
How Americans Plan to Spend Their Tax Refunds
Most Americans say that they don't plan to splurge when they receive their tax refunds this year. Is that boring or smart?
California Has the Most Unsheltered Homeless People
According to the latest U.S. Department of Housing and Urban Development data, California has the largest share of homeless residents who are unsheltered; that is, not staying in shelters or housing programs.
In Detroit, 100,000 People Still Unemployed
The turnaround of the fortunes of Detroit has failed to benefit the almost 100,000 who are out of work, a fact rarely, if ever, mentioned in the stories about the Motor City's resurrection.
How Janet Yellen Forecasts the Coming Interest Rate Hikes Quite Soon
24/7 Wall St. recently showed how Credit Suisse had capitulated that the Federal Reserve and Chair Janet Yellen were on track to hike rates as soon as the March Federal Open Market Committee (FOMC)…
Why Credit Suisse Now Calls for March Fed Rate Hike
Now it seems that the Federal Reserve's chances of a federal funds rate hike may be sooner and faster than what the markets were expecting.
Is It Too Late to Save the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau may be in the agency's first fight for survival in its short history. And it may be losing the battle for Americans' hearts and minds.
US Could Run Out of Money in October or November
It is called the "X Date," which is the day the federal government runs so low on funds that the Treasury cannot pay all its bills. Over the past several years, squabbling in Congress…
Largest American Company CEOs Back Trump
The reaction to president's State of the Union speech was mixed among business leaders. One set of chief executives, however, stood together as a group to throw support behind the president's agenda.
The Texas Economy Keeps Recovering and Looks Better for 2017
It may not seem like a secret that things are looking better for Texas in 2017 than 2016. After a painful two years of oil trends, the data around energy, manufacturing and employment all…
Durable Goods Show Mixed Turnout for January
If there is one economic report that is the most volatile of them all, it has to be the one on durable goods, those longer-lasting big-ticket items bought by businesses and consumers.
Most and Least Polluted Big American Cities
A great deal has been made of the filth in cities in places like China and India. However, there are large cities in America that are very polluted.
10 Companies With the Worst Reputations
The 10 companies with the worst reputations according to a new poll include four financial institutions, one energy company, one automaker, one agribusiness firm, one retailer, one telecom company and one automobile airbag manufacturer.