Cancel all debts, a new book recommends

What if the guiding narrative of 2,000 years of human history was a slow march toward the worship of money? A new book by Paul Vigna argues that we could fix this problem if we declared an old-fashioned jubilee and simply erased all debts.

Fed survey: BNPL use ticks up, late-payment rate jumps

U.S. households were financially sound last year, but the Federal Reserve’s annual well-being report highlighted a few emerging trends, including rising buy now/pay later delinquencies and incidents of financial fraud.