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TOTAL U.S. household debt rose by $601 billion in the fourth quarter from a year earlier eclipsing $14 trillion. / BLOOMBERG NEWS

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 totaled $13.95 trillion at then end of the third quarter of 2019, $1.3 trillion over its previous peak in 2008. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

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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