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Credit_Card_User_Stock_Adobe

Americans’ Credit Card Fees Have Surged 50% Since Biden Became President…

March 20, 2024 at 4:34 pm

These numbers are unfathomable. Between the fees and increased interest rates how is anyone scraping by these days…

Money_Digital

Money for Nothing…

December 18, 2023 at 7:16 pm

Remember, you are a sovereign individual and the blob in our nation’s capital city is an undifferentiated mass of feckless protoplasm. You contain a cosmos of ideas and aspirations. The blob is an agglomeration of sham and failure. The blob stands for itself, not for our country. You and I can stand for our country…

Love_Shack_Baby_Home_for_Sale

WSJ Analysis: Average Monthly Mortgage Payment When Biden Took Office: $1,787 and Today: $3,322…

December 12, 2023 at 8:03 pm

Homeownership has become a pipe dream for more Americans, even those who could afford to buy just a few years ago…

Money_Currency

Americans Need An Extra $11,400 Today Just to Afford the Basics…

November 29, 2023 at 7:02 pm

The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs, according to a recent analysis of government data…

Cars_New

Americans Panic Search “Give Car Back” As Subprime Auto Loan Delinquency Erupts…

November 1, 2023 at 8:31 pm

Recent data from Edmunds reveals that an unprecedented 17% of American car purchasers now have monthly car payments of $1,000, a significant increase from just 7% three years ago…

Stock_Market_Trader_gettyimages_Angela_Weiss

Bond Markets Are Being Hit Hard — and It’s Likely to Impact You…

October 25, 2023 at 7:03 pm

There is a sharp sell-off in the bond market, and it has big implications on both the economy and people’s pocketbooks…

The_Yield_Curve_Indicator_Yahoo_Finance_10-2023

More on the Bond Market: Bond Sell-Off Has Recession Indicator Flashing New Warning Sign…

October 25, 2023 at 6:57 pm

The US economy has avoided slipping into recession all year, but one closely watched indicator shows it’s on the brink…

Construction_Workers_Reuters_Thomas_Peter

Post-Pandemic, World Facing Gloomy Stew of Debt, Trade Wars and Poor Productivity…

August 30, 2023 at 6:05 pm

Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth future that stunts development in some countries even before it starts…

Gold_currency

On This Day in 1971, Nixon ‘Temporarily’ Detonates a Money Bomb, Suspends Gold Standard and Turns the Dollar Into Funny Money…

August 15, 2023 at 7:33 pm

The dollar has lost almost 90% of its value since 1971…

Moody's

Moody’s Has Slashed the Credit Rating of Ten U.S. Banks, Including M&T and Webster Financial, Here’s What It Could Mean for You…

August 9, 2023 at 7:26 pm

America’s banking sector is in a state of flux after ten regional firms had their credit ratings slashed by Moody’s…

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