You all KNOW how many months I’ve been looking forward to this.
The New York Fed’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The Report shows a solid increase in total household debt in the first quarter of 2022, increasing by $266 billion (1.7%) to $15.84 trillio…
Americans looking to buy a house are currently facing an almost perfect storm of unfavorable conditions. Not only is it hard to find a home, it is also increasingly hard to afford one. Historically high home prices combined with mortgage rates that are…
FEEDIn case you are wondering, after a 95% loss for retail investors, if anyone made money from Peloton, the answer is………YES! They’re called “insiders“, and they dumped it all on a hapless public when the stock was l…
Mortgage rates in the United States continued their steep climb last week, adding to the woes of would-be home buyers that are already facing historically high prices and steep competition in the tight housing market. According to Freddie Mac, the aver…
Starting from an estimated revenue of $3.7 billion worldwide in 2019, crypto exchanges, neobrokers and NFT marketplaces have experienced a boom in the past two pandemic years. Even though the latter saw a meteoric rise in traffic and user count in 2021…
The Covid-19 pandemic was not kind on the bank balances of many Americans, especially those working in industries like travel and hospitality. On top of the last two year of struggle, the rising cost of living, driven by the Russian war with Ukraine an…
With the cost of living rising dramatically around the world in 2022, many households are starting to look nervously at their bank balance. After two years of a pandemic which proved particularly bruising for those working in certain industries, rising…
Temperatures in India and Pakistan reached devastating heights in April and March, with peaks of up to 50°C in some localities, causing power cuts and water shortages. Experts say worse is yet to come, as global warming will lead to longer-lasting and …
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