Americans struggled to pay of credit-card debt at the end of 2018, and 37 million accounts were seriously delinquent
About 37 million credit card accounts fell into serious delinquency in the fourth quarter, meaning they were 90 or more days past due. While delinquency rates overall remainlow, economists say the steady increase among credit-card users poses risks to certain populations.
That could be particularly concerning because some of the oldest and youngest borrowers may be financially dependent on family members, according to Josh Wright, the chief economist at iCIMS and a former Federal Reserve staffer.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Poor billionaires: 430 people fell off the list of the world’s richestThe globe's wealthiest individuals saw their fortunes shrink by a combined $1 trillion in 2018.
Consulte Mais informação »
China consumers squeezed in 2018 as income gains slow, living costs riseGrowth in disposable income slowed in China last year while living costs rose, h...
Consulte Mais informação »
China's 2018 coal usage rises 1 percent, but share of energy mix fallsChina's coal consumption rose for a second year in a row in 2018, but coal&...
Consulte Mais informação »
U.S. companies put record number of robots to work in 2018U.S. companies installed more robots last year than ever before, as cheaper and ...
Consulte Mais informação »
AB InBev predicts strong growth after solid end to 2018Anheuser-Busch InBev, the world's largest brewer, forecast strong revenue a...
Consulte Mais informação »
Zalando back in fashion after strong end to 2018Zalando, Europe's biggest online-only fashion retailer, said it expected so...
Consulte Mais informação »
The economy expanded 2.9 percent in 2018, beating previous years but missing Trump’s goalThe economy expanded at a 2.9 percent pace in 2018, beating previous years but missing Trump's goal
Consulte Mais informação »
Economy slows to 2.6% in 4th quarter, GDP shows, but consumers and businesses show plenty of resilienceA slumping housing market and bigger trade deficit softened up the economy in the final three months of 2018 after a torrid spell of growth last spring and summer, but consumers and businesses still showed plenty of resilience. GDP grew 2.6% in the fourth quarter and 2.9% for all of 2018.
Consulte Mais informação »
A record number of robots were put to work across North America in 2018, report saysIn the U.S. alone, robot shipments across all sectors increased by more than 15 percent, marking a record number of shipments to American companies.
Consulte Mais informação »
Trump got a strong economy in 2018, but first quarter of this year looks very weakA surprise jump in business spending boosted fourth quarter growth to 2.6 percent, but economists say the first quarter could grow at half that pace due to the government shutdown and a sluggish consumer.
Consulte Mais informação »