A hub for independent voices and hard truths
Amidst growing concerns, the United States is witnessing an alarming surge in credit card debt, with 56 million Americans grappling with credit card balances for over a year. The Federal Reserve Bank of New York’s quarterly report reveals an unprecedented …
The surge in Americans holding multiple jobs, surpassing recession levels, is a red flag for economic well-being. Despite government assurances of a soft landing, the reality is stark – many are compelled to juggle multiple jobs merely to make ends …
Offices Around America Hit a New Vacancy Record. “A staggering 19.6% of office space in major U.S. cities wasn’t leased as of the fourth quarter, according to Moody’s Analytics, up from 18.8% a year earlier. That is slightly above the previous …
A record 10% of the population in Japan are now above 80 years old. This percentage has moved in a straight-line higher for years now, up from 7.5% over the last decade. By comparison, just ~4% of the population in …
by ChampionshipUsed9855 Zuckerberg selling 428$million in Meta stocks Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares in the final two months of 2023 after a two-year hiatus in which the company’s stock price hit its …
For years, rumors spread on social media that Steven Reece Lewis, the chief executive officer of a now-shuttered cryptocurrency hedge fund called HyperVerse, was a “fake person” who “doesn’t exist.” After its investigation, The Guardian has confirmed that no organization cited on his resume “can find any …
Starting off 2024 with: – Record U.S. debt – Record U.S. debt interest payments – Expected record U.S. Treasury issuances in 2024 – Record speculative-grade debt maturing over the next 5 years – Moody’s downgrades U.S. to "negative" from "stable" …
The Cloward-Pivening of America continues unabated, thanks to well-funded enemies of America and an impotent (and well-lobbied) legislature. On Monday, Fox News reported that a record 302,000 encounters with illegal migrants occurred in December, which marks 785,000 encounters since Oct. 1, according to a source within Customs and …
Stocks rose to start the last week of the year, pushing the S&P 500 closer to record levels. The S&P 500 climbed 0.42% to end at 4,774.75, while the Nasdaq Composite advanced 0.54% to settle at 15,074.57. The Dow Jones …
Obamacare, “affordable” care act has yet to actually reduce the cost of healthcare. US has the highest cost healthcare in the world and it’s fastest increasing since 2010. via yahoo: A record number of Americans have signed up for health …
by Naive-Historian-2110 ANF, possibly the worst growth stock in history, is at a parabolic record ATH as of the last week.
by ChampionshipUsed9855 I doubt many of the borrowers will ever pay back their loans.
Consumers are opting for BNPL services despite potential financial risks. This is how you delay a banking collapse by continually extending credit. Yes, and these BNPL offerings are also happening as the personal savings rate has been in a downtrend …
China’s central bank has made a historic move by injecting a record $112 billion into the financial system, according to reports from Bloomberg. This substantial cash injection comes as the Chinese yuan experiences depreciation against the US dollar, posing challenges …
A quarter of 40-year-olds in the United States have never been married, according to an analysis of U.S. Census Bureau data by the Pew Research Center. As Statista’s Anna Fleck reports, this marks the highest figure since the data first started being published back …
🚨 Breaking: Federal 🖨️💵 💵 The Fed is injecting liquidity into the market through various facilities , raising concerns 📈 BTFP reaches a new record high, signaling heightened worries for banks 🔄 Repo 🖨️💵 on the rise, indicating stress in …
Chinese borrowers default in record numbers as economic crisis deepensMore than 8mn people are blacklisted by authorities after missed payments on mortgages and business loans. Defaults by Chinese borrowers have surged to a record high since the outbreak of the …
Amid an acute housing shortage, soaring prices, and sky-high rents, a groundbreaking 28% of single-family homes in the United States were snapped up by investors in 2022. The surge in investment has led to growing concerns about affordability, prompting the …
The surge in migrant encounters, reaching a record-setting 12,000 in a single day, highlights the escalating border crisis. Lukeville, AZ, emerges as a focal point, with border crossings doubling at the northern border. The strain on border patrol prompts closures …
BREAKING 🚨: Starbucks$SBUX declined for a 12th consecutive trading day, the longest losing streak in the stock's history dating back to 1992 pic.twitter.com/jLbtyvugHf — Barchart (@Barchart) December 5, 2023
Credit card spending has taken a nosedive, officially entering contraction territory, despite a reported 35% surge in retail sales above pre-pandemic levels. The discrepancy between retail sales growth and the significant decline in credit card transactions reveals a stark contrast …
via CNBC: Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the largest …
The Wall Street Journal has recently report that due to China’s economy continuing to stumble and rocky relations with the United States, billions of dollars have been pulled out by international investors citing numerous concerns. The Shanghai and Shenzhen exchanges …
No one can afford mortgages except the rich. Even upper middle class people can’t afford them now. It’s ridiculous. Pending home sales drop to a record low, even worse than during the financial crisis https://t.co/IP4AWS5sdW — Eldredge Woodworks of Cape …
American workers facing financial hardships are increasingly tapping into their retirement accounts, with hardship withdrawals surging by 30% last year. As a result, one in six workers now has an outstanding loan on their retirement, significantly impacting average 401k balances …
The latest NBC poll indicates that gun ownership in the United States has reached an unprecedented level, with 52% of households reporting firearm possession. This substantial increase in gun ownership underscores the enduring significance of firearms in American households, signaling …
