Credit card debt hits a new record high

Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...
Danger Sign: Shadow Banking Loans Now Exceed Bank Equity
The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...
Fed chair says bank accounts ‘safe’ despite Trump’s teardown of consumer protection agency
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
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When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...
Fiscal Flows, Bank Credit, The Fed For January
Explore January 2025's liquidity surplus, potential $1.1T tax cuts, paused Fed hikes, and rising risk asset opportunities for ...
Fed's Powell says central bank still has access to data it needs
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...