US credit card defaults soar to highest in 14 years

Ramsey Solutions personality Jade Warshaw breaks down the latest economic data that shows consumers are racking up credit card debt amid a surge in spending. Experts are sounding the alarm over a new report showing that credit card loan defaults have skyrocketed this year, warning that the dam of American consumer debt at a record […]

U.S. Natural Gas Futures Soar Ahead of Historic Cold Front – OilPrice.com

Posted by: ZeroHedge – Dec 30, 2024, 9:00 AM CST U.S. natural gas futures have soared on predictions of an Arctic blast and polar vortex expected to hit the eastern United States in mid-January. The frigid weather is expected to continue for several weeks, leading to a significant increase in heating demand. […]

‘Demographic Cliff’ Will Cause College Closures to Soar

The number of colleges closing each year is expected to increase significantly as schools cope with declining student enrollment. A recent research report released by the Federal Reserve Bank of Philadelphia examines schools' financial issues, enrollment, staffing patterns, revenue sources and liquidity data. report By Bloomberg. Researchers have reportedly developed a simulation to determine the […]

Trump Win Crashes China’s Markets, Exports Soar as Factories Scramble to Beat Tariffs

Chinese markets fell on Friday amid disappointment with Beijing's disappointing economic stimulus package and worries that President-elect Donald Trump will reinstate high tariffs on Chinese exports. Factories in China are reportedly ramping up production to get goods into the supply chain ahead of President Trump's inauguration. Chinese investors are Looking forward to it Trump's victory […]

Trump Media shares soar after Donald Trump says he won’t sell

Shares of Trump Media & Technology Group soared Friday after President-elect Donald Trump said he has no intention of selling his stake in the company that owns Trump's “Truth” social media platform. In a post on Truth Social, Trump denied rumors that he planned to sell stocks the day after the stock market plunged. “There […]