February 27, 2024Credit Card Debt: America's $1.13 Trillion ProblemThe average American is now shouldering a historically high level of credit card debt. As reported by the Federal Reserve, the total amount owed rose to $1.13 trillion in the final quarter of 2023. This staggering figure is mirrored by the fact that nearly 170 million consumers are currently carrying a balance on their credit […] READ MORE February 27, 2024Javier Milei's Budget Miracle: Libertarian Principles in Action!Explore how Libertarian President Javier Milei swiftly achieved a balanced budget in Argentina, challenging traditional government norms. READ MORE February 26, 2024The Great American Housing Squeeze: Construction Costs Out of Reach for MostThe housing affordability crisis in America has reached a dire point where nearly two-thirds of American families are unable to afford the construction costs of an average home. To determine what Americans can actually afford, Creditnews Research delved into the costs in the various stages of residential property construction and how they compare to Americans’ […] READ MORE February 26, 2024Paul Tudor Jones Sounds Alarm on U.S. Debt CrisisBillionaire investor Paul Tudor Jones has raised alarms over the burgeoning U.S. federal debt, which he refers to as a “debt bomb” that may soon reach a critical juncture. In a candid discussion with CNBC, Jones discussed the severity of the current U.S. economic situation, which is significantly buoyed by the government’s extensive borrowing and […] READ MORE February 26, 2024ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom"The Dallas Fed’s Manufacturing Survey has continued its negative trend for the 22nd consecutive month as of February, although there was a slight improvement from January’s lows. The headline indicator remained in the negative territory at -11.3, reflecting ongoing challenges in the manufacturing sector. READ MORE February 26, 2024Gold Prices Dip in Anticipation of Pivotal U.S. Inflation ReportGold prices saw a slight decline as investors and traders turned their attention to the upcoming U.S. inflation data, expected to be released this week. This data is significant as it could potentially affect the Federal Reserve’s decisions on interest rate cuts. Spot gold fell by 0.5% to $2,025.91 an ounce, while U.S. gold futures […] READ MORE February 26, 2024The Declining Yen: A Look into Its Battle Against the DollarThe Japanese yen has significantly weakened against major currencies, marking it as the decade’s worst performer. Particularly against the US dollar, the yen has fallen 37.8% since 2020, even reaching a 30-year peak above 151.50. Despite the dollar’s strong performance, a large majority of traders (74%) are betting on the yen to bounce back, anticipating […] READ MORE February 26, 2024US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat?The resurgence of bond vigilantism in the market for sovereign debt, as seen in the UK’s recent financial turmoil, raises concerns about potential impacts on the US economy. With the US’s significant role in providing safe assets during global crises and the dollar’s status as the leading reserve currency, the idea of similar challenges in […] READ MORE February 26, 2024Citadel Strikes Gold in Commodities: Over $4 Billion Earned in 2023In 2023, Citadel, a leading multi-strategy hedge fund, saw its profits soar thanks to its commodities trading business, which raked in over $4 billion. The Bloomberg report highlights Citadel’s strategic prowess in leveraging market trends and volatility to secure substantial gains, illustrating the hedge fund’s strong performance in a sector known for its challenges and […] READ MORE « Previous 1 … 17 18 19 20 21 … 51 Next »
