Business
Homeowners tap equity as HELOC balances post biggest jump since 2005: New York Fed report
The rise in balances on HELOCs marks the 18th consecutive quarterly increase, according to a new report from the Federal Reserve Bank of New York.
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New York Fed
Business
Credit card debt climbs to a record $1.29 trillion, New York Fed research finds
As high prices continue to strain household budgets, many consumers have turned to credit cards to help make ends meet.