Survey: Trump’s Approval Rating Hits All-Time Low as Midterm Elections Approach
President Trump’s Approval Rating Reaches New Low In a recent poll, President Donald Trump’s approval rating has dropped to its lowest point as the midterms approach. The Reuters/Ipsos survey, which questioned 1,277 likely voters and has a margin of error of approximately 3 percentage points, revealed that only 32 percent of respondents approve of the […]
Diesel Reaches All-Time High Despite Decline in Oil Prices
Diesel prices surged to an unprecedented $6.53 per gallon on Tuesday, despite a drop in benchmark crude oil prices, which recently fell to a two-week low. By Wednesday, the national diesel average was just shy of that peak, sitting at $6.52 after a slight overnight decline. By comparison, just a year ago, the cost was […]
Poverty Rate in the US Reaches All-Time Low, Income Levels Achieve New Highs
U.S. Poverty Rate Drops to Record Low in 2025 The Census Bureau announced on Tuesday that the U.S. poverty rate decreased to its lowest recorded level in 2025, while median household income reached an all-time high. The official poverty rate fell by 0.5 percentage points to 10.2%, which translates to about 34.5 million individuals living […]
Household income in the U.S. reached an all-time high while the poverty rate dropped to its lowest point in 2025.
Record High Household Income and Low Poverty Rate in 2025 New data from the US Census reveals that household income for Americans reached an all-time high in 2025, with the poverty rate declining to its lowest level ever. Specifically, the real median household income rose by 2.6%, reaching $87,460. This marks the highest inflation-adjusted level […]
Average 401(k) balance reaches all-time high of $155,800 in the second quarter
Record Highs for Americans’ 401(k) Balances New data reveals that Americans’ 401(k) balances reached unprecedented levels in the second quarter of 2026. The average balance hit $155,800, marking a 10.5% increase from the previous quarter and a 13.1% rise compared to the same period last year, according to Fidelity Investments’ Q2 2026 Building Financial Futures […]
Oil Traders Caution That Diesel Shortage Will Continue Throughout Winter as US Prices Reach All-Time High
Diesel prices in the U.S. reached a new high on Monday, with refineries operating at nearly full capacity. Oil industry leaders have indicated that supply will remain tight as we head into winter. At the Asia Pacific Petroleum Conference in Singapore, Vitol CEO Russell Hardy mentioned that the global market is facing a deficit of […]
Rising national debt in the US pushes Treasury yields to all-time highs
The Big Money Show Discusses Economic Trends The Big Money Show recently examined the decline in retail sales for July, decreasing inflation rates, and the escalating U.S. national debt, which is nearing the $40 trillion mark. The panel also touched on record stock market figures and the possibility of easing capital gains taxes. Investors are […]
Record rainfall causes a ‘100-year flood’ in the state, raising rivers to all-time highs
Update on Severe Flooding in Central Indiana Recent floods in central and southeastern Indiana have reached unprecedented levels, inundating neighborhoods and shopping areas across several counties. Reflecting back on Indiana’s devastating flood in 1913, when the White River peaked at 23 feet, this time, the water has surged past that, hitting over 24 feet and […]
Rents in NYC reach all-time high as Mamdani pushes for rent freeze efforts
New York City’s Rental Market Struggles Amid Rising Costs Mayor Zoran Mamdani of New York City has pledged to make the city more affordable, especially in light of the soaring rents. However, for many looking to rent, the reality is quite different. The median asking rent across the city hit $4,200 in June, a 5% […]
Dollar reaches all-time high in Iran as rial declines due to escalating conflict.
US Dollar Hits Record High Against Iranian Rial On Saturday, the U.S. dollar soared to a new high in Tehran’s free market, surpassing 1.94 million rials. This surge comes amid escalating military and political tensions, which are contributing to the Iranian currency’s ongoing decline and raising fears of rising inflation. The dollar reached 1,941,000 rials, […]