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Biden to campaign in North Carolina, a state he lost to Trump in 2020
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Credit card debt makes up half of all interest paid in the last quarter of 2023. (iStock) Interest payments for U.S. consumers are through the roof. Last quarter, consumers spent a record-high $1.1 trillion on interest payments alone, reported Quartz, using data from the U.S. Bureau of Economic Analysis (BEA). […]
