The US government currently has ~4.6M active credit cards/accounts, which processed ~90M unique transactions for  ~$40B of spend in FY24,” read an X post from the cost-cutting initiative’s ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

African Development Bank Group President Dr. Akinwumi A. Adesina, delivered a compelling farewell address to Heads of State ...

ADDIS ABABA (Reuters) - African leaders have approved the establishment of a $20 billion continental financial stability fund ...

Payment giant Visa has announced a partnership with Affirm to launch a flexible payment card in the US. This new card allows ...

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on ...

Credit-card debt in the U.S. hit another record after an unusually-high increase following the holidays. Debt from credit ...

Americans' credit card debt has reached a record high of $1.21 trillion, according to a report released by the Federal Reserve Bank of New York on Thursday (February 13). This increase is part of a ...

Finance Minister Prof. Mthuli Ncube emphasized that initiating payments is vital for rebuilding trust, attracting investment, ...

There are 2 tax incentives: Claim a deduction against income Earn an investment tax credit (ITC) To benefit from the incentives, you must link your eligible work to expenditures you can claim.

It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant ...