PrimaLend Capital Partners filed Chapter 11 bankruptcy protection, beckoning the start of America’s personal loan crisis. The subprime auto lender catered to...
(Image explained in previous post — grocery inflation spiked years ago and has not relented) An AP-NORC poll questioned Americans about their main cause of...
The Federal Reserve Bank of New York released a troubling quarterly statement as the total household debt in the US increased by $185 billion in the past three...
American households have been unable to pay off their debts. The Federal Reserve Bank of New York recently reported that household debt has reached a new...
The Federal Reserve Bank of New York released data this week indicating that American credit card debt has reached a new high of $1.14 trillion. A separate report...
World leaders spend recklessly with no regard for the overall economy. Canadian Prime Minister Justin Trudeau has fallen out of favor for one primary reason – the...
America’s robust consumer economy helped it emerge as a global powerhouse. Nations once stood in line, eager to sell to America as our consumer economy composed...