Credit Card Defaults Surge to 14-Year High
Credit card defaults are at their highest level since 2010 as consumers feel increasingly stretched. Card lenders wrote off $46 billion in seriously delinquent loans in »
US homelessness increased in 2024, HUD report shows
A one-night count carried out in January earlier this year showed that more than 770,000 people were either in shelters, temporary housing or had no »
The Fed cannot be overly restrictive next year, says Allianz’s Mohamed El-Erian
Fast-Food Prices Are Higher Than Ever, Even Outpacing Inflation
Fast food has a reputation for being convenient and cheap. However, fast-food menu prices have been accelerating dramatically in recent years, even outpacing the national rate »
A Prior Fed Chair Admitted Gold’s Competition with Dollar; Powell Lies
In his essay at MoneyMetals.com this week marking the 50th anniversary of the re-legalization of monetary gold in the United States in 1974, researcher and »