Credit card debt: Inflation, interest rates have more Americans carrying balances over – USA TODAY
With credit card interest rates sky-high, more Americans are taking on credit card debt every month, a new survey finds. Half of all credit card holders were surveyed in June as part of Bankrate’s latest research study. Credit card debt investigation That’s up from 44% in January and the highest level since March 2020, when […]
‘I Credit All I Do to God’
U.S. Olympian Sydney McLaughlin-Levrone won the 400-meter hurdles on Thursday and afterward attributed the achievement to God. McLaughlin-Levrone won the gold medal for the second year in a row. Posts She broke her own record by setting a new world record of 50.37, making her the only woman to win consecutive Olympic gold medals. USA […]
Chicago-area village credit cards frozen, deputy chief laid off as Lightfoot concludes investigation into controversial mayor
Chaos continues in the Chicago suburb of Dolton, where the board of trustees voted to freeze city credit cards and fire city employees, while former Chicago Mayor Lori Lightfoot wraps up an investigation into fellow Democrat and self-proclaimed “super mayor” Tiffany Henyard. Dalton’s board meeting was scheduled for Monday, but one meeting grew into two […]
Democratic Socialists of America take credit for Walz joining 2024 ticket: ‘force that cannot be ignored’
The Democratic Socialists of America took to social media to celebrate Vice President Kamala Harris’ pick of Minnesota Governor Tim Walz as her running mate for the 2024 presidential election. “Harris’ selection of Waltz as her running mate showed the world that DSA and our left alliance are a force to be reckoned with. Through […]
Scandal-plagued Illinois mayor boots residents from public meeting as town cuts off government credit card
Residents of Dolton, Illinois, demanded an explanation from embattled Mayor Tiffany Henyard while attending a contentious board meeting Monday night. Residents expressed dissatisfaction with the way the village is being run and also questioned government spending during the meeting, which was filled with interruptions, disruptions, shouting and walkouts. Dolton police and Cook County sheriff’s deputies […]
Credit card debt hits another record high
FOX Business’ Jerry Willis reports on the “uncontrollable” costs of reopening schools and how much families can expect to spend this year. Americans are increasingly turning to credit cards to cover everyday expenses, with debt hitting an all-time high at the end of June, according to a report released Tuesday by the New York Federal […]
White House takes full credit for freeing Americans wrongfully detained in Russia: ‘Vintage Joe Biden’
National Security Advisor Jake Sullivan on Thursday fully credited President Biden for the safe return of Wall Street Journal reporter Evan Gershkovich and other Americans wrongfully detained in Russia. Sullivan was speaking at the White House’s daily press briefing after the Biden-Harris administration announced a major political prisoner exchange between the United States and Russia. […]
Senate GOP blocks bipartisan bill to expand child tax credit
Senate Republicans on Thursday blocked a bipartisan bill to expand tax credits for parents as Republicans and Democrats clashed over comments by Sen. J.D. Vance of Ohio, the Republican vice presidential nominee. Senators voted 48-44 to pass a bill co-authored by Sen. Ron Wyden (D-Ore.) and Rep. Jason Smith (R-Missouri) that would increase the Child […]
Small Business Owners Voice Opposition to Durbin-Marshall Credit Card Mandates
The following content is Small and Medium Enterprise Payments Alliance. This week, a group of small business owners from across the country marched to the Capitol to voice their opposition to the Durbin-Marshall Credit Card Act. Small and Medium Enterprise Payments Alliance The SBPA is a coalition of independent companies that understand the value of […]
Credit counselors see surge in clients in 2024, with these states hardest-hit
In “Making Money,” Piper Sandler Chief Global Strategist Nancy Lazard explains how hardworking Americans are faring amid record inflation. Credit counselors have reported a significant increase in demand for financial counseling services so far this year and warned that the trend indicates increasing financial distress among U.S. consumers. Money Management International (MMI), a credit counseling […]