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U.S. Household Debt Falls to $18.8 Trillion in Q2

U.S. Household Debt Falls to $18.8 Trillion in Q2

U.S. household debt stood at $18.8 trillion in the second quarter, according to the Federal Reserve Bank of New York. Mortgage balances declined, while auto loans, credit card balances and home-equity lines increased, providing a detailed snapshot of borrowing across major categories of consumer credit. Key Takeaways U.S. household debt

U.S. Household Debt Falls to $18.8 Trillion in Q2

U.S. Household Debt Falls to $18.8 Trillion in Q2

U.S. household debt stood at $18.8 trillion in the second quarter, according to the Federal Reserve Bank of New York. Mortgage balances declined, while auto loans, credit card balances and home-equity lines increased, providing a detailed snapshot of borrowing across major categories of consumer credit. Key Takeaways U.S. household debt

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U.S. Adds 115,000 Jobs as Unemployment Holds

U.S. Adds 115,000 Jobs as Unemployment Holds

U.S. labor market data released showed employers continued hiring during April, with payroll growth exceeding economist expectations while the national unemployment rate remained unchanged at

What to Expect From a Drug Distribution Charge

What to Expect From a Drug Distribution Charge

Drug distribution charges are among the more serious types of drug-related accusations a person can face in criminal court. Unlike simple possession charges, distribution allegations