Household debt surpasses 16 trillion dollars for the first time ever. In total, americans now hold about 890 billion dollars in credit car debt. That's more debt than we saw at any point during the o eight financial crisis. A big part of the increased borrowing is attributable to higher home prices.
Americans rack up record levels of credit card debt, college athletics undergo massive changes with sweeping financial implications, and California’s electric vehicle rebate programs face significant setbacks. Get the facts first on Morning Wire.