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Americans credit card debt reaches new record high: New York Federal Reserve

(NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.Overall debt grew by $93 billion ...
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Online holiday shopping soars to record high amid rise of AI shopping assistants, Adobe data shows

(NEW YORK) -- Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping assistants, according to data released on Tuesday by Adobe.E-commerce sales topped $240 billion in November and December, climbing ...