Americans now owe $902.2 billion in car loans, up 10 percent from last year. However, most Americans also repaying their car loans on time.
Credit cards can leave people with a lot of debt and bills to pay off. Chris de Lormier describes how he paid off all of his credit car bills while still having fun.
President Obama's pledge to end US support for overseas coal projects is on the chopping block, as Congress debates the future of the US Export-Import Bank. A reversal of the coal ban would deal a blow to the administration's Climate Action Plan.
A global survey of 15-year-olds show the US still has far to go to prepare the next generation to grasp complex financial products such as mortgages. To prevent another crisis like the one in 2008, young Americans need financial literacy.