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February Sees Surge of Democrats Saying They Like Biden’s Economy

Confidence in the economy is rising among Americans, but it’s growing much faster among Democrats. Despite low unemployment and continued strong economic growth, most surveys indicate that Americans are dissatisfied with the economy. Many people are probably still feeling the pain of high inflation. Inflation has fallen from a 40-year high hit a year and […]

Credit Card and Auto Loan Delinquencies Surge on Back of Bidenflation

U.S. consumer spending has continued to fuel the economy at an unexpected rate over the past year. On the dark side, delinquencies on credit cards and auto loans are skyrocketing. “New delinquencies are particularly bad for both auto loans and credit cards, with transition rates exceeding pre-pandemic levels,” the New York Fed said. Said In […]

Mark Zuckerberg’s fortune surges by $28B after Meta’s stock surge

Mark Zuckerberg’s wealth soared by more than $28 million after CEO Mehta profited from his company’s record stock price rise. As of Monday, Zuckerberg is reportedly the fourth richest person in the world with a net worth of $170 billion. Bloomberg Billionaires Index. Zuckerberg’s wealth is fueled by Meta’s stock price, which has soared to […]

US payrolls surge by 353,000 in January — nearly doubling forecasts

U.S. employers added a whopping 353,000 jobs in January, more than economists expected and confounding fears of an economic slowdown. The massive figure is nearly double the 185,000 job gain economists expected, and a sharp increase from December’s faster-than-expected 216,000 job gain and November’s 199,000 job gain. . The Labor Department said Friday that the […]