Credit card debt tops $1.28 trillion — consistent with ‘K-shaped’ economic divide, New York Fed research shows

Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.

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Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York. The story is categorized under Science with a positive tone (score 0.20).

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Primary keywords: credit, trillion, york, collectively, consistent.
Topic focus: Science coverage with positive sentiment.
Source context: reported by CNBC.
Published: 2026-02-10.

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The article tone is classified as positive, driven by the language and emphasis in the summary. The sentiment score of 0.20 indicates the strength of that tone.

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CNBC Credit card debt tops $1.28 trillion — consistent with ‘K-shaped’ economic divide, New York Fed research shows