A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.
Washington, DC CNN —
Americans racked up a record amount of credit card debt in 2023, soaring past a trillion dollars. But a mass retrenching in consumer spending — the main driver of the US economy — is unlikely this year, according to economists.
Workers are still commanding robust wage gains, the stock market is on solid footing, attitudes toward
→ Continue reading at CNN - Business News
