Rising household debt and shrinking incomes are setting the stage for a recession, top economist says
The US still looks poised to enter a recession, as rising debt and shrinking incomes are setting the economy up for a downturn. That's »
Nearly half of student loan borrowers are expecting debt forgiveness, Sallie Mae report finds
Nearly half — 48% — of student loan borrowers expect debt forgiveness in the future. Many of those borrowers anticipate that the government will excuse them from their »
JPMorgan CEO on inflation getting back to 2%: I'm a little bit of a skeptic on that too
Warren Buffett now holds more US Treasury Bills than the Federal Reserve
Among all of his other holdings, which include major names like Amazon and Visa, Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, now owns »
Crude Inventories Drop By 3.7 Million Barrels
On August 7, 2024, EIA released its Weekly Petroleum Status Report. The report indicated that crude inventories decreased by 3.7 million barrels from the previous »