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Borrowers, especially the young, are struggling with credit card debt – a bad sign

Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. ....

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AP Business SummaryBrief at 4:47 p.m. EDT

Government sues Ticketmaster owner and asks court to break up company s monopoly on live events ....

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Borrowers Struggling With Credit Card Debt In Potentially Bad Sign For Economy

Borrowers Struggling With Credit Card Debt In Potentially Bad Sign For Economy
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Strong spending is obscuring an economy that isn't working for many Americans

Even after years of inflation, geopolitical chaos and recession in Europe, the US economy remains robust and resilient. But many middle class Americans are cutting spending. ....

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Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.

The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy. ....

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