EconomyMagazineUS households sinking in debtIFM CorrespondentOctober 31, 2022February 22, 2023 by IFM CorrespondentOctober 31, 2022February 22, 2023 The total household debt in the US has increased by more than USD 2 trillion since the fourth quarter of 2019, right before the pandemic started... Read more
Banking and FinanceFeaturedRising inflation: Credit cards come to the rescue of AmericansIFM CorrespondentAugust 4, 2022 by IFM CorrespondentAugust 4, 2022 Researchers for the New York Fed credit card balances climbed by USD 46 billion, or 5.5% from the first quarter.... Read more