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Americans’ spend-happy ways continue. Credit was up by 7% compared to October of last year, and card balances shot up faster than they had in 20 years. In this episode, bigger debts with higher interest rates are digging big holes for consumers. Plus, prices rise for packaged goods, researchers advocate for sustainable aviation fuels and the fine art market may be primed for a slowdown.
By Marketplace4.6
83588,358 ratings
Americans’ spend-happy ways continue. Credit was up by 7% compared to October of last year, and card balances shot up faster than they had in 20 years. In this episode, bigger debts with higher interest rates are digging big holes for consumers. Plus, prices rise for packaged goods, researchers advocate for sustainable aviation fuels and the fine art market may be primed for a slowdown.

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