Credit card debt is at a record high. How worried should we be?

American consumers are spending lots — and putting it on plastic. Credit card debt has climbed to a record of $986 billion, according to the New York Fed. Is this a return to pre-pandemic, “normal” spending habits or a worrying sign about the economy? Or both? We’ll also check in on Presidents Day shopping, examine a new carbon capture technology and hear how the climate crisis is threatening Europe’s ski industry.