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MOORE COUNTY DAY NEWS
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09/01/2026 · Moore County

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U.S. Credit Card Debt Exceeds One Trillion Dollars Amid Rising Interest Rates

Americans' credit card debt has surpassed one trillion dollars, marking a 60% increase over the last five years. Higher interest rates are making repayment more difficult for many cardholders, contributing to a rise in payment delinquencies.

08/31/2026
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Business

U.S. Credit Card Debt Exceeds One Trillion Dollars Amid Rising Interest Rates

Americans' credit card debt has surpassed one trillion dollars, marking a 60% increase over the last five years. Higher interest rates are making repayment more difficult for many cardholders, contributing to a rise in payment delinquencies.

08/31/2026

Business

U.S. Existing Home Sales Decline in July Amid Record Prices, High Mortgage Rates

Sales of previously owned homes in the U.S. decreased in July. Record prices and elevated mortgage rates contributed to the slowdown, affecting many potential homeowners.

08/31/2026

Business

Janesville Debates Future as AI Data Center Proposal Emerges

Janesville, Wisconsin, a city once hit hard by economic downturns, now faces a new debate. A proposed AI data center brings the promise of jobs and investment, but also raises questions about local resources and impact.

08/27/2026

Business

Federal Reserve Maintains Key Interest Rate, Cites Inflation Concerns

The Federal Reserve's Federal Open Market Committee announced its decision to keep the federal funds rate unchanged. The committee pointed to persistent inflation and a robust job market as factors influencing its stance. Officials reaffirmed their commitment to achieving maximum employment and price stability.

08/27/2026

Business

U.S. Trade Representative to Address Congressional Panel on Administration's Agenda

Jamieson Greer, the U.S. trade chief, is scheduled to testify before a congressional panel. This testimony follows the U.S. President's announcement of 50% tariffs on most Canadian goods and subsequent agreement with Canada to intensify trade negotiations.

08/27/2026

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