Why are so many Americans taking on debt for a summer vacation?

The Financial Exchange Show - A podcast by The Financial Exchange Network

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Paul Lane and Marc Fandetti discuss traders adding bets that the Fed will skip interest rate cuts this year. Visa profit surges 17% as consumer card spending climbs. Ted Rossman, Bankrate.com, joins the show to chat about how many Americans are taking on debt to go on a vacation this summer. What does Boeing need from its next CEO? The FTC bans noncompete agreements that restrict job switching. Gold has gone gangbusters. Retirement savers shouldn't get carried away.