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.
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Stocks Keep Climbing as Fear Keeps Falling on Wall Street
Stocks are rising again as a bit more fear evaporates from Wall Street. The S&P 500 was up 0.7% early Thursday. The benchmark index is on pace for its fifth gain in the last six days.
Report: FDIC Might Levy Special Fee on Big Banks to Pay for Crisis
The Federal Deposit Insurance Corp. is set to pay almost $23 billion to stabilize the banking sector. That money comes from an insurance fund that is refilled through fees paid by banks. Now the agency is considering a special assessment on the entire industry to help make up the costs, according to a Bloomberg report.
Cheddar Morning News Briefings of March 30th
Cheddar Morning News Briefings
Survey: 61% of Americans Say Economy Weighing on Mental Health
About 61% of Americans say the economy is impacting their mental health, according to a PayPal survey. Shanthi Sarkar, vice president of financial services at PayPal, joined Cheddar News to break down some key takeaways from the survey and offer tips on saving and managing money.
The Day Ahead: GDP Status Update and Opening Day for Major League Baseball
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Monthly VC Funding Dips Below $20 Billion in February
Monthly VC funding fell below $20 billion in February, marking a two-year low. Jager McConnell, CEO of Crunchbase, joined Cheddar News to discuss the current funding climate and what lies ahead.
Economist Luke Tilley Talks Navigating Market Volatility, Bank Failures & Fed Rate Hike
Economist Luke Tilley Talks Navigating Market Volatility, Bank Failures and Fed Rate Hike
Afternoon Alexa Flash Briefings of March 29th
Afternoon Alexa Flash Briefings
Cheddar Afternoon News Briefings of March 29th
Cheddar Afternoon News Briefings
