Seeing a debt crisis that isn’t really there

Fresno BeeFor the first time since the financial crisis, household debt levels in the U.S. have surged past old records. As the Federal Reserve Bank of New York reported, total household debt stood at $12.73 trillion as of March 31, a $149 billion increase, or 1 ..

Trump Lawyers State He Had No Russian Income or Debt, With ‘Few Exceptions’

New York TimesSheri A. Dillon, one of President Trump’s lawyers, at Trump Tower in Manhattan in January. Credit Kevin Hagen for The New York Times. WASHINGTON — President Trump’s lawyers say his income tax returns do not show income from Russian sources or …Trump lawyers outline president’s Russian income but provide no documents ..

US household debt tops 2008 peak, but this time Americans’ finances are better

Los Angeles TimesCredit card balances have been rising as total household debt has topped its previous 2008 peak. (Dreamstime / TNS). By Jim PuzzangheraContact Reporter · Real Estate · Housing Market · Federal Reserve …Household Debt Makes a Comeback in the US ..

Seeing a Debt Crisis That Isn’t Really There

BloombergYes, household borrowing has topped the old record reached right before the financial crisis. But that doesn’t mean a meltdown is coming. by. Barry Ritholtz. @ritholtz More stories by Barry Ritholtz. Thu May 18 2017 10:12:29 GMT-0700 (PDT). Relax.Household Borrowing in Historical Perspective Liberty Street Economics ..

Message of Puerto Rico Debt Crisis: Easy Bets Sometimes Lose

Abandoned buildings in the Santurce area of San Juan, P.R., in 2015. A law enacted last year helps United States territories reduce debt. Credit Dennis M. Rivera Pichardo for The New York Times. When some of Wall Street’s savviest hedge funds piled Puerto Rican bankruptcy: Better late than never See Similar Threads…Message of Puerto Rico Debt Crisis: Easy Bets Sometimes Lose – New York Times

Household Debt Makes a Comeback in the US

New York TimesIn the first quarter of 2017, consumer debt rose to $12.73 trillion. Student loans account for 10.6 percent of that total, up from 3.3 percent in 2003, while housing’s share, though still great, has fallen back to 2003 levels. Source: Federal Reserve US household debt tops 2008 peak, but this time Americans’ finances are better ..

Student Debt Is Eating Your Household Budget

BloombergStudent debt has more than tripled as a share of total debt owed by U.S. households in less than 15 years, new data show. Student loans made up just 3.3 percent of total household debt in 2003, for a sum of $240.7 billion, according to estimates on …Household Debt Makes a Comeback in the US ..

U.S. news: U.S. Household Debt Rises To All-Time Highs

New York TimesFollowing the 2008 financial crisis, many observers were surprised by how much many Americans began saving. From 2009 to 2012, total household debt fell considerably, dropping by more than 12 percent from 2008 to 2013. According to the Wall Street …Household Debt Makes a Comeback in the US ..

Consumer debt reaches record high in first quarter

ConsumerAffairsMark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales. He was previously an Associated Press reporter and editor in … ..