Americans’ total credit-card balance reached a record $1.25 trillion in the first quarter of 2026, up nearly 6% (5.9%) from $1.18 trillion in the same quarter a year earlier, according to the Federal Reserve Bank of New York.
Nasdaq Soars 8% in May, Stocks Hit New Records
Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier. The S&P 500 added 0.2% Friday.[#item_full_content]