Your Money: Credit card debt hits new peak

Here are some questions and answers about credit card debt.

View in browser|nytimes.com Continue reading the main story August 21, 2023 Till Lauer your money adviser Credit Card Balances Hit New Peak Debt rose to more than $1 trillion in the second quarter, a report found — a sign of financial strain for some, even before student loan payments resume. By Ann Carrns Subscribe Today We hope you've enjoyed this newsletter, which is made possible through subscriber support. Subscribe to The New York Times with this special offer. Do you work in aviation and have concerns about safety? We want to hear from you. Close calls involving commercial airlines happen far more frequently than the flying public realizes, a Times investigation has found. We want to hear from people working in aviation about safety issues. Using a Credit Card? At These Restaurants It'll Cost You. As inflation and high credit card fees continue to affect a restaurant's bottom line, more owners are tacking on a new charge for using a credit card. By Christina Morales How Do You Deal With a Windfall in Your 20s? A sudden influx of cash can offer a sense of relief for a young person. But for those grieving a loss or dealing with large sums of money for the first time, it can also feel overwhelming. By Caitlin Kelly The Next Frontier for Corporate Benefits: Menopause In an effort to attract and retain experienced women, some companies are adding menopause-specific care to their benefits packages. By Alisha Haridasani Gupta retiring Generation X Is Staring Down Retirement, and Student Loan Debt The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age. By Martha C. White U.S. Mortgage Rates Jump to Highest Level Since 2002 The average 30-year fixed-rate mortgage has climbed above 7 percent, making it harder for buyers to afford homes, which are already in short supply. By Gregory Schmidt Strategies The Outlook for the Economy Has Improved. And Yet. The prospects for a soft landing for the economy and the markets look better than they have in months. Our columnist is still worried. By Jeff Sommer Continue reading the main story ADVERTISEMENT Fed Officials Avoided a Victory Lap at July Meeting Federal Reserve officials raised interest rates at their July 26 meeting, and freshly released minutes showed they remained focused on inflation risks. By Jeanna Smialek Walmart Draws More Shoppers, Helping to Bolster the Economy The company raised its forecasts for revenue and profit this year, a sign that consumers, the engine of the U.S. economy, remain resilient. By Jordyn Holman How Geopolitics Is Complicating the Move to Clean Energy The fate of Indonesia's unrivaled stocks of nickel — a critical mineral used to make batteries for electric vehicles — is caught in the conflict between the United States and China. By Peter S. Goodman and Ulet Ifansasti How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight. By Emily Flitter After Maui Wildfires, Travelers Ask: Would a Trip Help or Hurt? Residents and travelers are grappling with the propriety of visiting Maui, the epicenter of last week's wildfires but an island heavily reliant on tourist dollars. By Christine Chung and Madison Malone Kircher Frugal Traveler Savoring and Saving: Cooking on Vacation Getting a vacation rental with a good kitchen is a must for many budget travelers and those who explore destinations through cooking. By Elaine Glusac A Way to Feel the Music Through Your Skin Wearable backpacks designed by Music: Not Impossible, which allow people to experience music as vibrations on their bodies, are becoming more accessible to the public. By Sarah Bahr and Mohamed Sadek Continue reading the main story ADVERTISEMENT How are we doing? We'd love your feedback on this newsletter. Please email thoughts and suggestions to yourmoney_newsletter@nytimes.com. Like this email? Forward it to your friends, and let them know they can sign up Your Money. Continue reading the main story Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Your Money from The New York Times. To stop receiving Your Money, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings. To opt out of updates and offers sent from The Athletic, submit a request. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018