Credit card debt is surging as average American owes $6,218
“Kudlow” panelists Kevin Brady, Art Laffer and Sandra Smith discuss how “Bidenomics” isn’t gaining traction with voters. Americans continue to accumulate credit card debt Fighting high inflation And interest rates. The average debt per borrower reached $6,218 at the end of the first quarter, an 8.5% increase from a year ago, according to new data […]
Credit card delinquencies are surging
“Kudlow” panelists Kevin Brady, Art Laffer and Sandra Smith discuss how “Bidenomics” isn’t gaining traction with voters. More Americans are falling behind on their monthly credit card payments as the country continues to battle high inflation and interest rates, according to New York Fed data released Tuesday. Credit card delinquencies are already above pre-pandemic levels […]
Firearm-Related Crime Surging in Gun-Controlled Canada
According to a report, firearm-related crimes are rapidly increasing in Canada, which has strict gun regulations. toronto star Contributed by Shaquille Morgan. morgan pointed to According to Canadian police data, there were “9,198 victims of gun-related crimes” in Canada in 2022. The 2022 figures show a 10% increase in gun-related crime rates compared to 2021 […]
Antisemitism surging worldwide since Oct. 7 attack: Report
Anti-Semitism soared around the world in 2023, particularly in the wake of the October 7 attack on Israel, according to a new report. of new report A study by the Anti-Defamation League (ADL) and Tel Aviv University found an increase in anti-Semitic incidents in Western countries in 2023 compared to the previous year, including a […]
Companies Are Slashing Away At Debt As Surging Inflation Casts Shadow Over Interest Rate Cuts
The Wall Street Journal reported Wednesday that recent reports of high inflation have dimmed prospects for central bank interest rate cuts, making borrowing more expensive and causing many Companies are reportedly considering reducing debt. Even companies with already strong credit prospects are deleveraging to improve their ratings from top agencies and reduce borrowing costs, which […]
Surging GOP Senate candidate unleashes on ‘both parties’ during border visit: ‘Failing the American people’
Former Maryland Gov. Larry Hogan on Thursday campaigned for his Maryland Senate seat, with the ongoing crisis at the southern border remaining a top political issue in Texas. Visited the southern border in McAllen. Hogan met with law enforcement and public safety officials and said in an exclusive statement to Fox News that he traveled […]
Surging car insurance rates squeezing drivers, fueling inflation
Relentless increases in car insurance premiums are putting pressure on car owners and fueling inflation. Auto insurance premiums rose 2.6% in March, up 22% from a year earlier. Premiums have been rising steadily since 2022, even as consumer-level inflation has cooled steadily from a peak of 9.1% in mid-year. Consumers received some relief as the […]
A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company's surging shares – Fortune
Michael Saylor’s big bet on Bitcoin was supposed to be his downfall. Rather, he was able to make huge profits from his holdings in cryptocurrencies and MicroStrategy stock. So far this year, MicroStrategy’s billionaire executive chairman has sold hundreds of thousands of shares and made $370 million through a stock sale plan he entered into […]
Surging US energy shares reflect robust growth, inflation worries – Investing.com
Louis Krauskopf NEW YORK (Reuters) – U.S. energy stocks are soaring as investors look to protect their portfolios from a worrying resurgence in inflation while benefiting from higher oil prices and a better-than-expected economy. The energy sector is up about 17% in 2024, roughly doubling the year-to-date return of the broader index. Its rally has […]
NBA Star Julius Randle’s Season-Ending Shoulder Surgery Sends Surging Contender’s Title Hopes Down The Drain
New York Knicks star forward Julius Randle will undergo season-ending shoulder surgery, sources told ESPN’s Adrian Wojnarowski. Randle, who had been trying to work his way back from injury, hasn’t played since the end of January after dislocating his shoulder in a game against the Miami Heat, ESPN reported. BREAKING: After two months of rehabilitation […]