Stretching Your Dollar: How to Manage Mounting Credit Card Debt
Ted Rossman, senior industry analyst at Bankrate, joined Cheddar News' 'Stretching Your Dollar' show to talk about the mounting debt among Americans. Credit card debt hit a record high at over a trillion dollars and according to Rossman, emergency expenses are one of the biggest culprits in debt accumulation.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
An Illinois jury ruled this week that several major egg producers conspired to limit the U.S.'s supply of eggs in order to raise prices in a case stemming from a federal lawsuit originally filed 12 years ago.
Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.
