DAILYCALLER (Nicole Silverio) - Prediction Markets, Casinos In Lobbying Duel Over Industries Rife With Consumer Debt, Addiction Issues
Kalshi’s highest six-month lobbying total on record
NYTIMES (Stacy Cowley) - ‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent
The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.
ABCNEWS - Credit card debt rises to $1.26 trillion, nearing all-time record
Americans' credit card debt reached $1.26 trillion, increasing by $21 billion in the second quarter of this year, according to new data.
DAILYCALLER (Derek VanBuskirk) - Debtor Nation: More Americans Going Into Debt Just To Buy Food
‘meet their basic needs’
NPR (Stephan Bisaha) - More Americans are going bankrupt. What does that mean?
The bankruptcy rate has risen about 48% between 2022 and 2025, although it's still below pre-pandemic levels.
NYTIMES (Kali Bomeli) - How People Working in Debt Collection Handle Abuse From Callers
More Americans are taking on debt and falling behind on bills. The people calling them to collect often endure a torrent of verbal abuse and threats of violence.
JUSTTHENEWS (The Center Square Staff) - In Wisconsin governor’s race, top Democrat confronts being sued over unpaid credit card debt
Democrat frontrunner Francesca Hong on Wednesday addressed the news that she was being sued over $30,000 in unpaid credit card debt.
ABCNEWS - US household debt ticks up to new all-time high as inflation continues to rise
U.S. household debt, including mortgages, credit cards, auto loans and student loans, reached an all-time high of $18.8 trillion in the first three months of the year.
HUFFPOST - Trump Official Brags People Are Surviving On Credit Cards: ‘Spending Is Through The Roof!’
Many social media users disagreed with Kevin Hassett’s notion that increased credit card spending signals consumer confidence.
DAILYCALLER (Nicole Silverio) - Kevin Hassett Says It’s Good Sign Americans Using Credit Cards More As Iran War Blows Up Their Budgets
'They have so much more money in their pockets'