Tag: household debt
U.S. household debt exceeds $14 trillion for the first time
WASHINGTON – Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages,...
U.S. household debt rises for 21st quarter, lifted by mortgages
WASHINGTON – Americans increased their borrowing for the 21st straight quarter as more households took out loans to buy homes or refinance existing mortgages,...
Rising yields won’t blunt the U.S. economy’s momentum – for now
NEW YORK – There’s too much momentum and too little debt for rising interest rates to derail the U.S. economic expansion.
That’s the conclusion from...
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