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Credit card debt climbs to a record $1.29 trillion, New York Fed research finds

Source: cnbc November 10, 2026 · 09:16
Credit card debt climbs to a record $1.29 trillion, New York Fed research finds
Photo by Pixabay · Pexels
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As high prices continue to strain household budgets, many consumers have turned to credit cards to help make ends meet.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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