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Credit card debt is at a record high, climbing nearly 19% in the fourth quarter of 2022. Many Americans have exhausted their savings and are now deep in the hole trying to cover the cost of living.

With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.

According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.

Bank of America will pay nearly $800 million to settle accusations that it misled customers who bought extra credit card products. Regulators say nearly 3 million credit card holders were effected.

U.S. law enforcement officials say 24 suspected computer hackers have been arrested in a sting operation. The FBI set up a fake online forum for people interested in trading credit card numbers and other financial information.

Employers added more than 230,000 jobs in December, another sign of continued strength in the labor market.

Upscale department store Neiman Marcus is the latest retailer to disclose data security breaches. The disclosure comes just a day after Target issued another apology for a data breach that occurred during the holiday season. NPR's Rachel Martin speaks with Brian Krebs, who broke both stories on his blog, KrebsOnSecurity.

A new study showing that Americans lost nearly 40 percent of their wealth in the Great Recession turned up another notable result: Credit card debt also fell sharply; the median family's balance tumbled 16 percent. But it's not just because people rushed to pay off their plastic.

Today is the deadline card issuers have given for merchants to be ready to accept the new, more secure, computer-chipped cards. But there's still a long way to go.

Prosecutors in Arkansas accused the former administrative assistant of using public money to buy personal items including a diamond ring, sequined throw pillows and a tuxedo for her dog.