US consumer debt hit a record $14.3 trillion in the first quarter

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US consumer debt hit a record $14.3 trillion in the first quarter

Total household debt increased 1.1% to $14.3 trillion through March 2020, according to a Tuesday report from the New York Federal Reserve. The total balance is now $1.6 trillion higher in nominal terms than the previous record of $12.68 trillion in the third …
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US, UK Cyber Authorities Warn State-Backed Hackers Are After COVID-19 Treatment Data

Advanced persistent threat groups appear to be after intellectual property and research that could aid nation-states in their attempts to treat the coronavirus pandemic, according to an alert jointly issued by the Cybersecurity and Infrastructure Security Agency …
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Lufthansa CEO Calls For Level-Playing Field In COVID-19 State Aid

Lufthansa does want to hold on to its portfolio of airlines across Europe but it fired a warning shot at the governments of its so-called home countries that attaching a string of too strict conditions to bailouts will impede the group’s ability to compete with …
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National Grid warns of new phone scammers demanding payments from customers

Syracuse, N.Y. — National Grid is warning of a new phone scam in which callers posing as the utility’s representatives threaten to shut off power unless customers make immediate payments. Targeting customers already facing financial hardships from the …
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Impossible Burger now available at Kroger stores: What to know

The Impossible Burger is heading to Kroger stores. Redwood City, Calif.-based Impossible Foods announced Tuesday that its flagship plant-based burger product will hit 1,700 Kroger stores and its affiliates starting this week. Consumers also can order …
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