Credit card balances jumped in the second quarter and are above $1 trillion for the first time

Credit card debt 30 or more days late rose to 7.2% in the second quarter, up from 6.5% in Q1 and the highest rate since the first quarter of 2012.

...

Cloud stocks falter as Datadog trims 2023 revenue expectations

1 week ago

Elon Musk's X aims to win back advertisers with new brand safety technology deal

1 week ago

China slams Biden's order limiting U.S. overseas tech investment

1 week ago

China's real estate market roiled by default fears again, as Country Garden spooks investors

1 week ago

European markets close lower; UBS ends Credit Suisse protection measures, shares up 4.7%

1 week ago