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Credit cards can be a financial trap for many people. They are not always used properly, and some go deeply into debt using them. The basics of maxing them out or not making payments on time are two mistakes people make. When used correctly, credit cards can be a valuable financial tool. But there are credit card mistakes that most people don’t even know they’re making. What mistakes are these

With interest rates at more than decade-highs, corporate finance chiefs are finding that money can indeed beget money. Almost 1-in-10 non-financial companies in the S&P 500, or more than three dozen firms, earned more in interest income than they paid in debt expense during the first quarter, according to data compiled by Bloomberg based on members in the index that break out interest

A U.S. Immigration and Customs Enforcement Deportation Office caught filming up a flight attendant’s skirt late last year has been convicted of interference with a flight crew, federal prosecutors said Friday. Billy Olvera, 48, of Laredo, Texas, was flying from Dallas to Miami on Nov. 6, 2023 to escort an immigrant who was being deported. During the flight, an attendant noticed that every time

A report from the Federal Reserve Bank of New York released Tuesday reveals that the portion of national credit card debt held by borrowers who have maxed out their cards is nearing pre-COVID 19 levels. And what’s more, those maxed-out borrowers are going into delinquency at a much higher rate than they were before the pandemic. The New York Fed looked at household debt in general and found