interest rates – Page 14 – One America News Network

U.S. Credit Card Debt Reaches Record High $1.13T

Credit card debt across the United States hits another record high, according to the latest report.

Shares of Tesla fell nearly 6% after a report said German software firm SAP will no longer procure their electric cars.

U.S. job growth accelerated in January and wages increased by the most in nearly two years.

The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.

The Federal Reserve will maintain current interest rates, with no cuts announced despite the central bank having suggested several cuts this year.

U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.