Millions of student loan borrowers aren't repaying their loans — and defaults are up
Roughly a million borrowers defaulted on their federal student loans late last year, with millions delinquent on their payments and sliding toward the same fate. That& »
Growth of Nonfarm Jobs in 2024 and 2025 Much Weaker than Previously Reported: The Annual Benchmark Revisions
The preliminary annual benchmark revisions of nonfarm payrolls were initially announced by the Bureau of Labor Statistics in September as a lumpsum figure (discussed here), but »
The U.S. bond market is suddenly flashing a warning sign about the economy
Tuesday's delayed retail-sales data for December undermined expectations for economic growth, leading to an extended rally in U.S. government debt. The flat reading »
Germany Wants Its Gold Back (Again)
Germany has the second-largest gold reserves in the world at 3,350 tons. The U.S. is first with 8,133 tons. China says they hold »