The U.S. Supreme Court delivered a massive 9-0 decision on Wednesday that a California woman could not use U.S. bankruptcy code protection to avoid paying a $200,000 debt, which resulted from fraud by her partner.
US credit card debt inched close to a trillion dollars in the fourth quarter of 2022, the New York Federal Reserve Bank said in its quarterly report on household debt, released on Thursday.
President Biden and the Democrat-led Congress helped add $3.1 trillion to the federal deficit over the next decade, the Congressional Budget Office said Wednesday, delivering a depressing picture of the government’s finances and the economy.