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Credit card balances jumped in the second quarter and are above $1 trillion for the first time. Meanwhile interest rates rise.

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Dealing With America’s Olympic-Sized Debt Problem.

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Fed Raises Rate Target By Half A Percentage Point, Most in 22 Years

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House Budget Chair Yarmuth: $3.5 Trillion in Spending 'Is Pretty Inconsequential' - 'Government Can Afford Anything'

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Human misery drives Wall Street [600x556 - 161KB]

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Michael Burry, the “Big Short” investor who became famous for correctly predicting the epic collapse of the housing market in 2008, has bet more than $1.6 billion on a Wall Street crash.

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After a pause, US Fed likely to hike interest rates to 22-year high

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It's worse than 2008. Builders in panic mode. [Reventure Consulting] [15:51] (Home prices tanking)

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Home improvement chain with 442 locations in 47 states sparks fears of store closures as it mulls bankruptcy

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Fed officials vote to hold interest rates steady at 23-year-high - here's what it means for YOUR wallet

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The US Treasury has started emergency cash conservation measures after the government reached its debt ceiling on Monday. The Biden administration is now facing an intense partisan brawl as it seeks to head off a US default on its debts.

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oftwominds-Charles Hugh Smith: All Three Pillars Holding Up the Economy Have Cracked

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Bidenomics at Work: Small Business Uncertainty Reaches Pandemic-Era High, Inflation Cited As Top Concern

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Trump's higher tariff rates hit goods from major US trading partners

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Walgreens joins price war as it slashes cost of 1,300 items - after cuts from Walmart, Target, Aldi and Amazon

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Wholesale Prices Drop in August - What Will the Fed Do Now?

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Trump Pauses Tariffs on Mexico and Canada Goods Covered By USMCA

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Davos warns against "Toxic Positivity" (be afraid. be very afraid)

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US President Joe Biden has proposed a budget for the 2024 fiscal year worth 6.8 trillion dollars.

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Here's What The Fed's Quantitative Tightening Will Look Like

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Burger King to Close 400 Stores Nationwide

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A Chorus of Misinformation About US Employment – Consortium News

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Press review: Congress takes aim at Russian debt market and why the US wants Kazakhstan - Press Review - TASS [1020x649 - 114KB]

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Jobless claims rise ahead of March employment report

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Chinese authorities have told Evergrande founder Xu Jiayin, once the country's richest man, to use his own personal wealth to fix his embattled company's debt crisis,

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