Personal debt

Using cash like a millionaire may not make sense for most investors. Here’s why

Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those…

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…

Consumer debt hits record $16.9 trillion as delinquencies also rise

Consumer debt hit a fresh record at the end of 2022 while delinquency rates rose for several types of loans,…