America’s credit card bill just passed a record $1 trillion. Here’s what it means | If You Answer 'Yes' To These Questions, It Is Time To Find A New Job | That simple 'hi' text from a stranger could be the start of a scam that ends up costing you millions

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You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium America's credit card bill just passed a record $1 trillion. Here's what it means - Fortune    Credit card debt in the U.S. just surpassed $1 trillion for the first time ever in the second quarter, thanks to inflation and rising interest rates. While that sounds like bad news for Americans’ finances, economists and other experts say the dubious distinction doesn’t necessarily spell trouble for the wider economy. Americans’ credit card balances rose in aggregate from $986 billion in the first quarter to $1.03 trillion, according to the New York Federal Reserve’s household debt report. And total debt is up 16% over the past year. That’s a reverse from earlier in the pandemic, when balances were actually falling as a result of government benefit programs and forbearances. In the first quarter of 2021, households owed $770 billion in credit card debt. At least some of the increase since then can be attributed to inflation and, more recently, rising interest rates. Continued here If You Answer 'Yes' To These Questions, It Is Time To Find A New Job - Forbes    If you are on the fence about what to do, here are some questions to ask yourself before you tender ... [+] your resignation without having another job lined up. The current job market is not so great if you are a white-collar professional. The tech sector alone shed more than 170,000 jobs this year. The job loss contagion has spread across most industries. Many companies have put in place hiring freezes to curtail expenses. Summer is fast approaching, which is one of the slowest hiring seasons, due to vacations and a general slowdown in business activities. Continued here You Might Like � � � � � � � � � That simple 'hi' text from a stranger could be the start of a scam that ends up costing you millions - CNBC    The road to Kaimi's ruin started in December, with an Instagram message about a Japanese monkey from a handsome stranger who called himself Mike. Over the coming months "Mike" and Kaimi would develop a friendship that quickly evolved into a romance. Kaimi had no idea he had become ensnared in a romance scam known as "pig butchering," from the Chinese phrase sha zhu pan — the name coming from the idea that scammers must "fatten up" victims first with flattery and fake bonding before stealing their money. Experts told CNBC it's easy to dismiss victims of these scams as ignorant or foolish but doing so discounts how manipulative the scammers are. Continued here

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