College Credit Card Debt Grows
A report by AIG Retirement Services shows 53 percent of college students use two or more credit cards.
More college students find themselves carrying credit card debt.
A report by AIG Retirement Services shows 53 percent of college students use two or more credit cards. That's up 12% from last year.
The report was based on a survey of more than 20,000 college students. Forty percent of college students reported credit card debt of at least $1,000. While 14% reported debt of more than $5,000.
Fed decides to increase interest rates despite bank runs
The Federal Reserve addressed recent bank runs in making its decision to raise interest rates.
Treasury Secretary Yellen expresses confidence in banking industry
Yellen reassured banking leaders, saying the Fed will continue to provide access to liquidity when it is needed.
Inflation cools in February, but food and shelter costs still high
The inflation rate continues to subside some, but the cost of food and shelter remains stubbornly high.
Daylight savings dispute leaves Lebanon with two time zones
Many Lebanese have found themselves in the position of juggling work and school schedules in different time zones.
Biden sending federal aid to tornado-wrecked Mississippi
President Joe Biden says full federal support is on the way to Mississippi after a series of tornadoes killed 26 and destroyed homes and businesses.
GOP states press voter photo ID rules, with unclear effects
Some Republican states are responding to unfounded claims of voter fraud with stricter ID rules, but critics say this could remove eligible voters.