Credit card debt tops $1.28 trillion

Americans ended 2025 more in debt than ever before. Credit card balances hit a fresh high in the fourth quarter, rising by $44 billion to $1.28 trillion, according to a new report on household debt by the Federal Reserve Bank of New York released Tuesday. That’s a 5.5% jump from a year earlier. The central bank’s monthly Survey of…

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5 things to know before the stock market opens Tuesday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Breaking news this morning: Netflix submitted an all-cash offer for Warner Bros. Discovery‘s assets, the latest twist in the fight for the media giant’s studio and streaming businesses. CNBC reported last week that Netflix was likely to adjust its bid….

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Will Iran play at the 2026 World Cup? Government responds after FIFA president says team will attend | International Sports News

Despite earlier uncertainty, Iran now says it is fully prepared for the 2026 World Cup. Iran are part of the confirmed 48-team field for the 2026 FIFA World Cup, and while earlier uncertainty had surrounded their participation due to security concerns over playing in the United States, Iran’s government now says the country is fully…

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