Americans hold almost a trillion dollars in credit card debt. NPR's Ayesha Rascoe speaks with Ted Rossman, a senior analyst for Bankrate, about how interest rates could make missed payments pricier.
NPR's Ari Shapiro speaks with Austan Goolsbee, president of the Federal Reserve of Chicago, about the pause in interest rates and his economic outlook.
A year ago, the Yellowstone River had its biggest flood in 500 years. Now, fishing guides have to learn a whole new river. Fishing sends more than $1 billion to Montana's economy.
NPR wants to know whether rising prices have led you to shop differently for groceries, travel or entertainment; use "buy now pay later" services; or dip into savings to cover your debts.
After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.
Falling prices for gas and eggs took some of the sting out of inflation. Consumer prices in May were 4% higher than a year ago. Meanwhile, the Federal Reserve decides what to do with interest rates.
Inflation cooled slightly in May, thanks in part to falling gas and egg prices. But the overall cost of living is still climbing faster than the Federal Reserve would like.
Families can get blindsided by risky behavior with money, sometimes even before a diagnosis. Having tough conversations and setting up guardrails in advance can help prevent disaster.