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Credit Card Balances Hit New Peak - One Trillion ( www.nytimes.com )

Americans’ credit card balances rose briskly in the second quarter, hitting a sobering milestone of more than $1 trillion, the Federal Reserve Bank of New York reported this month. Credit cards are the most prevalent type of household debt, New York Fed researchers wrote in a blog post, and saw the biggest increase of all debt...

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If we humans are good at anything, it’s ruining things and building community

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