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Jewish News 24 · Aug 11, 2026

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💳 U.S. CREDIT CARD DEBT NEARS RECORD HIGH: Americans' credit card balances climbed by $21 billion in the second quarter of 2026 to $1.26 trillion, according to new data from the Federal Reserve Bank of New York. The total is just below the record $1.28 trillion reached in late 2025, as consumers continue to rely heavily on credit.

💳 *U.S. CREDIT CARD DEBT NEARS RECORD HIGH:* Americans' credit card balances climbed by $21 billion in the second quarter of 2026 to $1.26 trillion, according to new data from the Federal Reserve Bank of New York. The total is just below the record $1.28 trillion reached in late 2025, as consumers continue to rely heavily on credit.

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