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Holiday spending ‘clearly on track’ to reach record-breaking heights even as credit card debt strangles shoppers
Consumers are “clearly on track” to smash record-breaking spending levels after doling out as much as $989 billion over the last two months, a National Retail Federation report said.
Credit card debt set to hit record levels as consumer holiday spending rises
The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a record, between $979.5 billion and $989 billion.
Credit card debt is at a record high this holiday season
That’s as shoppers are projected to spend up to $989 billion between November 1 and December 31, according to the National Retail Federation. This holiday season has come with a hefty price tag: record-high credit card debt.
Holiday Shopping leaving many Americans in debt
The holidays for many Americans means splurging on gifts for loved ones and despite the high prices caused by inflation, the tradition continues.
MLive
53m
Dear Abby: We are done spending holidays with my stress-inducing mother
She asks everyone but me why I’m mad at her. I tried to explain in a letter how her actions affect me, she called it “hateful ...
2d
on MSN
Holiday shoppers increased spending by 3.8% despite higher prices
New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and ...
1d
on MSN
'Willing to take that risk': Republicans want Trump to have vast control over government spending
Some GOP lawmakers want to repeal the Impoundment Control Act, a Watergate-era bill designed to prevent presidents from ...
6h
on MSN
Prince Harry, Meghan Markle's 'important' reason for spending Christmas at home in California revealed
Prince Harry and Meghan Markle reportedly decided to spend Christmas in California because the Duchess of Sussex believes it ...
4d
Spending Fight Shows Limits of Trump Power to Change Fiscal Path
Efforts to cut government spending and eliminate waste are dwarfed by the rising costs of the social safety net programs and ...
1d
on MSN
Some, but not all, funding for cancer research survived federal spending deal chaos
It looked like funding for the Gabriella Miller Kids First Research Program wasn't going to make it — until something unusual ...
4d
on MSN
Dozens of House lawmakers rally around funding Afghan visa program as Trump vows major spending cuts
Reps. Jason Crow and Zach Nunn are leading 49 other House lawmakers in a letter urging Congress to preserve the Afghan ...
4d
The Evening: Signs of Trouble for Trump’s Spending Cuts
Middle East: Israel said it had shot down a missile fired by Houthi militants in Yemen after Israel’s defense minister ...
4d
on MSN
The spending bill that averted a shutdown shrank from more than 1,500 pages to just 100—here’s what was cut
The spending bill that cleared Congress didn’t include pharmacy benefit manager reforms, a pay raise for lawmakers, and a ...
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