Americans owe more than $1 trillion to credit card companies, a record sum that’s likely to keep growing as rising interest rates prevent cardholders from paying down their debt. CNET’s Nick Wolny explains.
This episode was produced by Victoria Chamberlin, edited by Matt Collette, fact-checked by Laura Bullard and Amina Al-Sadi, engineered by Andrea Kristins ... Show More
Today
Dad, where’s my inheritance?
When boomers die, they’ll leave trillions to their adult children. Some of those kids say they should get that money now. This episode was produced by Danielle Hewitt, edited by Jenny Lawton, fact-checked by Gabriel Dunatov, engineered by Patrick Boyd and David Tatasciore, and ho ... Show More
26m 17s
Yesterday
The culture wars turn deadly
The US is intentionally losing a fight against HIV that could be won. This episode was produced by Kelli Wessinger, edited by Jolie Myers and Miranda Kennedy, fact-checked by Gabriel Dunatov, engineered by Patrick Boyd and David Tatasciore, and hosted by Sean Rameswaram. Activist ... Show More
26m 5s
Jul 29
The scandal undoing the ICC
The International Criminal Court has a lot on its hands. The chief prosecutor was ousted over abuse allegations, the Trump administration is on the warpath, and Netanyahu and Mamdani are fighting over an arrest warrant. This episode was produced by Ariana Aspuru, edited by Amina ... Show More
28m 1s
Oct 2024
1100: Americans Are Being Crushed by Credit Card Debt - Episode 1100
There’s a huge problem impacting our economy and we need to talk about it – Americans are absolutely drowning in credit card debt. In the fourth quarter of 2023, Americans’ total credit card balances increased by $50 billion, reaching a total of $1.129 trillion, according to data ... Show More
9m 17s
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
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