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Young American borrowers are struggling to pay credit card debts

Young American borrowers are struggling to pay credit card debts

by Mariam Kiparoidze | Mar 22, 2023 | Economy, Featured, Millennials, Newest, Personal Income

Image via Pixabay Money was never discussed in Fernando’s family, when he was growing up and as an adult he never had to think about finances. So it was a surprise to find himself unable to pay his credit card debt at 26, when he had just quit his $45,000 job and...
Inflation Accelerates As Consumers Keep Spending More

Inflation Accelerates As Consumers Keep Spending More

by Mariam Kiparoidze | Mar 1, 2023 | Economy, Personal Income

Photo by Allef Vinicius via Unsplash.   Prices are rising and Americans are spending more again, suggesting that the economy is still strong and the Fed might have to raise borrowing costs more to halt the inflation spike.  Friday’s report from the Commerce...

Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.
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