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.
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