Investors and economists are warning about a piece of the financial system that could pose a risk that is potentially similar in ways to the housing crash that preceded the financial crisis in 2008.
Want more deals? Visit CNN Underscored’s Guide to Black Friday for wall-to-wall coverage of the best discounts to be found during the biggest shopping event of the year. US households spend an average ...
WASHINGTON, Nov 18 (Reuters) - U.S. corporate credit spreads widened on Monday as the U.S. stock market closed below a key technical indicator for the first time in months. The average option-adjusted ...
Private credit’s fast-changing landscape is introducing new layers of complexity and risk, according to Moody’s Ratings. In a wide-ranging report set to be released Monday, the credit grader warns ...
Americans are feeling a credit crunch: U.S. consumers held a record $1.21 trillion in credit card debt in the second quarter of 2025, according to the New York Fed. Nearly half of cardholders carry a ...
Oct 24 (Reuters) - European rating agency Scope downgraded the United States' credit rating by a notch on Friday, citing sustained deterioration in public finances and a weakening of governance ...
Roadblocks for today’s young adults include fewer entry-level jobs, rising debt and increasing reliance on debit cards or “buy now, pay later” loans. By Kailyn Rhone When Danny Benson started applying ...
The average FICO score dropped to 715 in April 2025, down from 717 in 2024, because of rising credit utilization and increased delinquencies. Student loan delinquencies surged after COVID-19 ...
After more than a decade of steady improvement, the average American’s credit score fell for the second year in a row. Falling credit scores are just the latest sign that all is not well within the ...
The average credit score in the U.S. remained steady at 715 at the end of 2024, according to Experian data. But while stability has been the trend, recent developments suggest that credit scores could ...
Several high-profile credit card companies have announced increased fees on elite credit cards and changes to customer terms. These shifts reflect broader industry trends and can affect all ...
You’re at the checkout screen after an online shopping spree, ready to enter your credit card number. You type it in and instantly see a red error message ...
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