Americans Rack Up $1.25 Trillion in Debt, 13% Delinquent

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.

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SEC Advances Repeal of Climate Risk Rule

The Securities and Exchange Commission moved Friday to formally erase one of the signature financial regulations of the Biden era, proposing to rescind a 2024

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