Now that pandemic restrictions are being lifted nationwide, consumers are borrowing money to spend on cars, vacations and more. Reporter AnnaMaria Andriotis joins host J.R. Whalen to explain how consumers' outlook on debt is changing. Plus, South Carolina resident Felipe Betancor discusses gaining the confidence to take on more debt responsibly.
Yesterday
What’s News in Markets: AI Selloff Deepens, Tech Earnings Disappoint, Binance Hack
Did disappointing earnings from Alphabet, Intel, and Amazon trigger a tech selloff? And why are Chevron and ExxonMobil posting record profits as fresh tension with Iran flares? Plus, are crypto markets panicking after the Binance hack? Host Jack Pitcher discusses the biggest stoc ... Show More
5m 43s
Oct 24
What’s News in Markets: Meta’s AI Bill, IBM’s Comeback, Musk Explores Merger
Can Meta afford to keep spending on AI? And why is IBM bucking the tech selloff? Plus, could Elon Musk combine Tesla and SpaceX? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted ... Show More
5m 21s
Oct 17
What’s News in Markets: CoreWeave Selloff, Apple Milestone, Borrowing Boom
What does the CoreWeave selloff signal for the AI trade? And will the iPhone Duo revive Apple’s sales? Plus, why are brokerages like Charles Schwab cracking down on margin loans? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up ... Show More
5m 42s
May 2024
Gen Z is starting out with more debt
A recent TransUnion report shows borrowers aged 22 to 24 are carrying an average of roughly $2,800 in credit card debt — adjusted for inflation, that’s more than millennials in the same age range a decade ago. Then, an ad for Apple’s latest iPad has gone viral … for the wrong rea ... Show More
9m 50s
Jan 2024
“More people are carrying more debt for longer”
Consumer credit jumped a whopping $23.7 billion in November, according to the Federal Reserve. That continues a trend of households struggling with high and rising prices, which is leading to a surge in debt and delinquencies. And it’s putting additional strain on families, espec ... Show More
8m 43s