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America's Debt Addiction Imperils Economy
JP Morgan CEO Jamie Dimon says the US is entering withdrawals from its addiction to debt Rising interest rat...
Inflation Dips: Be Cautious, Not Excited
Despite inflation dipping slightly in October, JP Morgan CEO Jamie Dimon urged caution on the economy Analysts see...
Uncertainty Grows as the Fed Pauses
The Federal Reserve kept interest rates unchanged after their latest meeting Some analysts think eco...
Don't Count on the Housing Market
The housing market is frozen in ‘gridlock’: not getting worse but not getting better High int...
Banks in Crisis: Your Money at Risk
The banking crisis is quietly persisting as bank stocks continue to slide “Higher for longer” int...
Rate Hikes Paused, For Now
The Federal Reserve voted to keep interest rates at a 22-year high Fed Chair Powell said to expect mor...
Crisis Closer as Deficit Doubles
The national deficit is projected to double from $1 trillion to $2 trillion Increased deficits can lea...
Gold Demand Trends for 2023
The first half of 2023 was record-setting for gold sales Gold demand is predicted to continue rising thr...
Banks Follow US with Credit Rating Downgrade
Moody’s and Fitch Ratings downgraded the credit rating of the banking industry The downgrade was...
Crisis Builds as Credit Card Debt Breaks $1 Trillion
Credit Card debt hit a record-breaking $1 trillion High interest rates, increasing delinquencies and...
Recession Risk Increases with Latest Rate Hike
The Fed approves 11th rate hike since 2022 Economy faces rate-driven recession risks Gold prices su...
Corporate Debt Defaults Threaten 401(k)s
Almost $1 trillion in corporate debt defaults are predicted by Bank of America The bankruptcies are dr...
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