Retail sales showed a healthy increase of 0.5 percent in July. At the time, analysts claimed this was a sign of a resilient ...

Consumer Reports is breaking down how debt consolidation works, how it's helping families and what to know before signing up.

Americans' consumer debt hit an all-time high in the Q1 2025, according to the Federal Reserve Bank of New York's "Quarterly Report on Household Debt and Credit." The report, which was released ...

According to the Federal Reserve, consumer debt has reached an all-time high, with the average family owing over $100,000. Total household debt in America now exceeds $18 trillion.