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Household debt at record levels

Americans’ debt is growing — but so are incomes

Americans are continuing to pile on debt at record levels — but for many households, those IOUs are completely manageable, according to new data released Wednesday.

Bloomberg on MSN · 11h

Household Debt at New Record Is Squeezing Low-Income Americans

US household debt climbed to a fresh high last quarter, with rising incomes leaving many consumers able to manage the burden, but lower-income groups showing signs of financial strain.

Seattle Times · 3h

Household debt at record levels as lower-income Americans feel squeeze

Higher debt levels for mortgages, auto loans, credit cards and student loans last quarter drove overall consumer debt to a record of $17.9 trillion.

NBC News on MSN · 2h

Americans borrowing more than ever as debt level hits record

Americans have racked up record levels of credit card debt, which is up 8 percent from a year ago. Many borrowers have fallen behind in paying their payments. NBC News' Christine Romans reports.

Trump's new 'Department of Government Efficiency'

Hosted on MSN · 6h

Elon Musk, Vivek Ramaswamy, and the $35T national debt—entrepreneurs to the rescue

The federal government began to grow unabated at a fast clip as far back as FDR’s administration. The national debt hit a record $35 trillion this year. Our national debt has been growing almost continuously for at least 70 years under both parties.

The Washington Post on MSN · 14h

What we know about Elon Musk’s ‘Department of Government Efficiency’

Headed by Elon Musk and Vivek Ramaswamy, the body announced by Trump would operate outside government and provide advice to the White House on cutting spending.

U.S. News & World Report · 1d

Trump Says Musk, Ramaswamy Will Form Outside Group to Advise White House on Government Efficiency

President-elect Donald Trump says Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency.”

Trump, Student debt

Investopedia on MSN · 7h

Student Loan Debt Relief Has Been A 'Lifeline' For Borrowers, Survey Says

After the COVID-19 payment pause ended, federal student loan borrowers were pushed into payments, and a recent survey found that when payments restarted, the majority of borrowers had trouble affording the monthly bills.

CBS News on MSN · 17h

With Trump's win, student debt relief is in question. Here's what to know.

President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."

Axios on MSN · 14h

What Trump's second term could mean for student debt in Texas

About 2.34 million borrowers' location is not reported; Map: Alex Fitzpatrick/Axios President-elect Trump could do away with his predecessor's years-long efforts to erase student debt. Why it matters: Collectively,

DNC staffers resign with Harris campaign $20M in debt

Snopes on MSN · 7h

Fact Check: What We Know About Claim Harris' 2024 Presidential Campaign Ended Up $20M in Debt

Some social media users were concerned about just how much money the vice president's campaign was able to spend in a short time.

YAHOO!News · 1d

DNC staffers resign with Harris campaign in $20M of debt

Following the vice president’s Election Day loss, the Kamala Harris campaign is now $20 million in debt, per a source familiar with the campaign. Lindy Li, a member of the DNC finance committee, tells NewsNation’s Rich McHugh the internal strife and monetary confusion at the center of the party has led some staffers to leave altogether.

NewsNation · 1d

DNC staffers resign with Kamala Harris campaign $20M in debt

Marketplace4h

Household debt is up, but Americans are in a better spot to pay it

Household debt in the U.S. ticked up slightly in the third quarter of 2024, reaching nearly $18 trillion, according to data ...

Banks flood US debt market in biggest single-day raise since 2016, BMO says

Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions ...

7hon MSN

Credit card debt just hit a new high. Here's how to tackle yours now.

The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.

Westwood Financial Secures $70 Million in Debt Capital

New funding will fuel the continued growth of key assets in the firm's national portfolio of retail properties Westwood ...

Red sweep may speed US debt ceiling deal, stoke long-term bond worries

A unified government under Donald Trump may offer investors reprieve from the bruising battles around the U.S. debt ceiling ...

6hon MSN

Top Democrat officials worried tens of millions in Harris campaign debt could be their problem

The Harris-Walz campaign may have crossed the finish line with tens of millions in debt that may now be the Democratic Party's problem.

Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up

Peter McNally, an analyst at investment-research firm Third Bridge, said Spirit used debt to grow aggressively coming out of ...

Business Insider10h

Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says

The mountain of government debt could swell to levels the US won't be able to ignore anymore as soon as next year, ...

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Household debt at record levels

Trump's new 'Department of Government Efficiency'

Trump, Student debt

DNC staffers resign with Harris campaign $20M in debt

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