Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

A report from the Philadelphia Federal Reserve also shows a record-high number of Americans are only paying the minimum ...

A Record Number of Consumers Are Making Minimum Credit Card Payments as Delinquencies Also Rise ...

Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.

US benchmark equity indexes ended higher Tuesday as markets digested President Donald Trump's initial agenda items and awaited Netflix's (NFLX) latest financial results. * President Trump stopped ...

The Federal Reserve Bank of Philadelphia said its index for business activity climbed to a positive 44.3 in January, both the highest reading since April 2021 and the index's largest monthly increase ...

U.S. stocks dipped on Thursday as a jump in the prior session cooled, while investors eyed the most recent corporate earnings ...

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial turnaround by regional manufacturing ...

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial turnaround by regional manufacturing ...

A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...

Heading into 2025, the US economy remains among the strongest and most stable in the world. According to Patrick T. Harker, ...