Why More Baby Boomers Are Facing Homelessness
The surge in elderly homelessness is being significantly impacted by the Baby Boomers, amplifying a public-policy crisis and burdening taxpayers. Increasingly, aging individuals face homelessness...
Is there a subprime credit-card crisis on the horizon?
Subprime consumers are falling behind on their credit-card bills. From Generation Z and millennials to Generation X and baby boomers, credit-card delinquency rates have been...
Homelessness in America is Now at a Record Rate
The U.S. has witnessed a significant surge in homelessness, with preliminary data indicating an 11% rise from 2022, marking the largest increase since 2007, according...
A Housing Bust Comes for Thousands of Small-Time Investors: WSJ
They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. Source...
They Can’t Even: A Generation Avoids Facing Its Finances: WSJ
Some tune out bank and credit-card balances, lose track of their spending and rack up debt. Average credit-card debt rose 29% to $5,800 in March...
Bank of England calls for urgent action on funds that nearly toppled UK financial system
London CNN — The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries...
Tech Company CTO Slams Cryptocurrencies as Useless for Society By CoinEdition
© Reuters. Tech Company CTO Slams Cryptocurrencies as Useless for Society Nvidia’s CTO criticizes cryptocurrencies for being useless to society. Kagan defends the decision to...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
House passes $1.7 trillion government spending bill as funding deadline looms
CNN — The House voted Friday to pass a massive $1.7 trillion spending bill that would fund critical government operations across federal agencies and provide...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...