credit

Today’s batch of reader questions reminds me how complicated our lives have become since the introduction of consumer credit. Some days I long for simpler times so long ago when cash was king and…

by Casey Harper   The federal government is borrowing an average of $5.3 billion per day this fiscal year, the U.S. Congressional Budget Office estimated Tuesday. The new estimate come just days after a top international creditor…

Hard Knocks debuted last night and everyone got their first chance to see how Aaron Rodgers acts when there are a bunch of cameras trained on him. His arrival in New York after posting a Hall of Fame run in Green Bay is the biggest…

Fitch Ratings, which is one of the three major credit rating agencies, just downgraded the U.S. debt from AAA to AA+. The last time this happened was 2011 when the debt ceiling stalemate forced the…

One of the world’s largest credit agencies announced on Tuesday that it was lowering the U.S.’ long-term credit rating from “AAA” to “AA+,” citing future fiscal uncertainty. The agency downgraded…

Central planning, never out of fashion on the left, is now more popular than ever on the right thanks to the GOP’s populist takeover. This is why a recurring effort to intervene in the credit-card processing market is…

by Rick Manning   Woke retailers like Target are lining up in support of what last year I called ‘smash and grab’ legislation worth billions of dollars by mandating changes to how credit cards are processed. Senator Dick Durbin…

If you are a legal adult U.S. resident, somewhere there is a three-digit number between 300 and 850 with your name on it. Your credit score measures your creditworthiness, which is the likelihood…

A former Obama administration official ripped a proposed Biden administration rule Thursday, saying it incentivized people to “worsen their credit.” “This is really convoluting the entire…

Strange to see the White House taking a victory lap on the latest economic data, which show consumer prices rose 5% over the last year and 0.1% in March. Those numbers seem good only compared to…