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Announced Job Cuts Hit 1.17 Million In 2025 – 54 Percent Higher Than Last Year

December 4, 2025 10:15 pm

by Michael It is getting very hard to deny that the U.S. economy is moving in the wrong direction.  Yesterday, ADP reported that the U.S. economy shed tens of thousands of jobs last month.  Today, Challenger, Gray & Christmas is reporting that …

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U.S. Credit Card Debt Hits Record $1.17 Trillion as Interest Rates Soar to 20%

November 16, 2024 9:51 pm

Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 billion in the third quarter of …

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