Money

Credit card debt has reached record levels in the U.S., a troubling sign that consumers are increasingly relying on credit cards to cover everyday costs.

Americans are increasingly turning to their credit cards to cover expenses nationwide. However, some U.S. cities are accumulating new debt at a faster pace than others, according to a new report.

Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy protection on Monday.

The average 30-year fixed-rate mortgage was 6.73% for the week ending Aug. 1, according to Freddie Mac's latest Primary Mortgage Market Survey.

Saving money is top of mind for budget-stretched Americans as prices continue to rise at the grocery store and beyond. Digital coupons are proving a saving grace for many.

Tesla's sales may have dropped, but electric vehicle sales as a whole have continued to increase.

The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.

Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.

Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

Wichita, Kansas offers 1,359 square feet of living space on average for a monthly rent of $1,500, while Manhattan offers a mere 228 square feet for the same price, according to a new report.

Half of parents surveyed revealed that they plan to sacrifice necessities – such as groceries and bills – to make sure their kids are prepared for the school year.

A TikTok video shows a couple attempting to return a half-decade-old mattress to Costco as social media users react.

U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing. 

WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.

Some college students may not be able to pay for tuition, books and other bills when classes start in a few weeks due to the latest hiccup in submitting federal financial aid forms.

The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.