High rates for credit cards
While interest rates on mortgages and other debt have declined to new lows, credit card rates have spiked to their highest level since 2001, with an average interest rate of 14.7 percent.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Good riddance to the televised presidential debate'Instant Opinion Opinion, comment and editorials of the day
-
Caitlin Clark the No. 1 pick in bullish WNBA DraftSpeed Read As expected, she went to the Indiana Fever
-
Today's political cartoons - April 16, 2024Cartoons Tuesday's cartoons - sleepyhead, little people, and more
-
The bottom linefeature Fewer jobs, bigger paychecks on Wall Street; Home as the primary workplace; Revenue up in the music industry; The success of community college graduates; Millennials mind their debt
-
The bottom line
feature Cattle prices hit a record high; The top 1 percent's new tax rate; The rising cost of college textbooks; Carbon emissions fall; Which microwave would you buy?
-
The bottom line
feature Americans prefer bonds; The high cost of patent lawsuits; The price of gas in California; India's stock market takes a beating; The IMF issues a warning
-
The bottom line
feature Real estate near good public schools; Travel agents make a comeback; Amazon takes on Home Depot and Staples; People receiving disability benefits at record high; How important are high-paying careers?
-
The bottom line
feature China's wealthy lawmakers; Google's move into TV; Fastenal tops Apple and Microsoft; Sheldon Adelson's big bets; Housing prices in Detroit move up
-
The bottom line
feature Sales of digital music surpass album sales; The business savvy of immigrants; The Kate Middleton Effect; China's luxury car market; A poor market for architecture majors
-
The bottom line
feature JPMorgan Chase surpasses BofA; Are the protestors right?; A weak market for music; Italy's debt; Residence visas for wealthy foreigners
-
The bottom line
feature AIG repays last of $85 billion loan; Fewer Americans own homes; Credit-card interest rates peak; Consumers hoard the incandescent; Lenders return to commerical property