U.S. credit card debt nears the $1T mark

U.S. credit card debt nears the $1T mark: Is there a reason to worry (00:27)? Nio (NIO) cuts prices for all models, ends free battery swapping - report (01:40). UBS (UBS) closes Credit Suisse (CS) takeover, reportedly sets strict curbs for staff (02:38).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Wall Street Breakfast SurveyFederal Reserve poised to skip a hike, but don't call it a pivot or a pauseOPEC output cuts will lift crude oil into the $90s this year, Goldman saysAlzheimer’s disease market expected to reach $14B globally in 2030Glencore approaches Teck Resources over deal for coal business - WSJJetBlue, American try to rework Northeast Alliance after court blockIs the regional bank stock rout overdone? Insiders seem to think soCatalyst watch: AI talk from Salesforce and AMD, Shell event and Oracle earningsDespite Fed Tightening And Bank Collapses, It's Still An Astoundingly Loose Financial Situation