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Hassett Calls Higher Consumer Spending 'Optimism' and Draws Sharp Criticism

His Fox News remarks on May 31 were criticized for treating heavy credit‑card use as a sign of confidence even as data show growing financial stress for many households.

IRS Data Show Bigger Refunds as White House Credits 2025 Tax Law

Florida Homeowner Uses ChatGPT to Sell House for $954,800, Topping Agent Estimates by $100,000

Record Share of 401(k) Savers Take Hardship Withdrawals as Access Eases

Credit Card APRs Stay Elevated as U.S. Debt Hits About $1.23 Trillion

U.S. Credit Card Debt Hits $1.21 Trillion as Rates Near 25%

JPMorgan Sues Former Chicago Mayor Lori Lightfoot Over $11,078 Credit-Card Debt

Post-Holiday Bills Hit as Credit Card Rates Bite, Counselors Push Quick Relief Steps

Average Credit Card Balance Hits $6,500 as Utilization Surges Past 30%

U.S. Household Debt Climbs to $18.39 Trillion as Delinquencies Rise