consumer debt | The Epoch Times

Caught in Crosshairs of a Cost-of-Living Crisis

Commentary President Joe Biden recently took to a stage in North Carolina to tout his economic agenda, which includes bringing high-speed internet to rural America. But that’s hardly what Americans ...

February 8, 2024BY E.J. Antoni

American Household Debt Surpasses $17 Trillion for the First Time

Americans’ household debt surpassed a historic $17 trillion for the first time ever, the Federal Reserve Bank of ...

May 18, 2023BY Jane Nguyen

Credit Card Debt up 15%, Total Consumer Credit Debt up to $2.37 Trillion in Q4 of 2022: Equifax Report

Canadians borrowed more money last year than the year before, with total consumer debt in the last quarter ...

March 12, 2023BY Marnie Cathcart

Consumer Spending Is Not the Cause of the Current Inflation

Commentary In the United States, consumer spending is increasing not from a rise in income but from a ...

January 13, 2023BY Paul Craig Roberts

Canceling Student Debt Is Wrong on Every Level

The Concept of Fairness and Student Debts One of the first things a toddler learns to say is ...

August 24, 2022BY Michael Wilkerson

Nancy Pelosi in Taiwan, to Meet Tsai Wednesday; Consumer Debt Tops $16 Trillion | NTD Business

House Speaker Nancy Pelosi landed in Taiwan Tuesday. She is the highest-ranking U.S. official to visit the island in ...

August 2, 2022BY Paul Greaney

Fed’s Rate Hikes Will Add to US Government, Consumer Debt Levels, Experts Warn

Now that the Federal Reserve is on a path of monetary tightening—a blend of raising interest rates and ...

May 5, 2022BY Andrew Moran

Feel the Squeeze: Higher Rates, Inflation to Weigh on US Borrowers, Experts Warn

The Federal Reserve has raised interest rates for the first time since 2018, with six more rate hikes ...

March 22, 2022BY Andrew Moran

US Consumer Debt up by $1 Trillion in 2021 According to the Fed, Highest Level Since 2007

American households took on $1.02 trillion in new debt in 2021, the most in 14 years, at levels ...

February 8, 2022BY Bryan Jung

Nearly Half of Canadians Expect to Blow Their Budgets on Summer Fun

Nearly half of Canadians will dip into their savings or take on debt as they look to make ...

July 2, 2015BY The Canadian Press

US Consumer Debt up $14.1 Billion in November

WASHINGTON—U.S. consumers increased their borrowing in November, as stronger demand for auto and student loans offset a drop ...

January 8, 2015BY Martin Crutsinger