The stock market may be hitting record highs, but not all is well for the U.S. consumer. In fact, more Americans are increasingly financially stressed and taking on debt that they cannot pay off, ...

A Record Number of Consumers Are Making Minimum Credit Card Payments as Delinquencies Also Rise ...

Consumer stress escalates as the share of credit card holders making only minimum payments hit a 12-year high in the third quarter of 2024. The share of credit card holders making minimum payments ...

Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.