GO in the Know: Credit Card Debt Rises, Sriracha Shortage & Top Financial News for June 9

GO in the Know 4
Obradovic / iStock.com

Another day, another quick roundup of today’s top financial stories. Have at ’em.

The Big Lead: Credit Card Debt

In spite of inflation, consumers continue buying. Consumer credit card debt rose once again in April 2022, according to the latest Consumer Credit Report released by the U.S. Federal Reserve.

Read the full story here

Business Spotlight: Sriracha Hot Chili Sauce

It’s not nearly as concerning as the baby formula shortage, but the dearth of the beloved condiment on supermarket shelves across the nation has some Sriracha fans hot under the collar — and panic-buying bottles.

Read the full story here

Well That’s Interesting: Standards Set for Charging EVs

The Biden administration has announced new steps to build out the first-ever national network of 500,000 electric vehicle (EV) charging stations along America’s highways and in its communities.

Read the full story here

Bonus: Asking for a Raise Advice

If you’re seeking a pay raise to help balance out the highest inflation rate in more than four decades, here’s the good news: While inflation is historically high, unemployment is historically low. This means employers are desperate to find and keep good workers, which gives you more bargaining power.

Make Your Money Work for You

Read the full story here

ICYMI: Yesterday’s GO in the Know

More From GOBankingRates

Best Bank Accounts of June 2022

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Loading...
Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.