Record Household Debt and Soaring Housing Costs Squeeze American Budgets as 2026 Begins
New MMI data shows average unsecured debt tops $32,600 as 47% of credit cardholders carry balances. Nearly half expect their debt to grow in the year ahead.
1716 articles found for "passive income"
Bank Stocks Suffer Worst Day Since April Despite Record Earnings as Policy Risks Mount
Major bank stocks fell sharply despite beating Q4 earnings expectations, as Trump's credit card rate cap proposal and Fed independence concerns spooked investors.
America's Housing Market Closes Its Worst Four-Year Stretch Since the 1990s
U.S. home sales totaled just 4.06 million in 2025, marking the fourth consecutive year of depressed activity and tying the lowest level since 1995.
Consumer Sentiment Edges Higher But Remains Near Historic Lows as Americans Start 2026 Cautiously
University of Michigan consumer sentiment rises to 54 in January, beating expectations but still 30 points below historical averages as inflation worries persist.
Manufacturing Renaissance: Empire State and Philly Fed Indices Crush January Expectations
Regional manufacturing data surprises Wall Street as Empire State rises to 7.7 and Philly Fed jumps to 12.6, both crushing forecasts and signaling industrial rebound.
US Dollar Slides to Multi-Month Lows as Fed Rate Cut Bets Reshape Currency Markets
The US Dollar Index has fallen to 99, near multi-month lows, after the dollar's sharpest annual decline since 2017. Cooling inflation data and Fed rate cut expectations are driving the slide.
Private Credit Crosses $2.5 Trillion: Wall Street's Next Gold Rush Targets Your 401(k)
Private credit has grown from $250 billion to $2.5 trillion since 2007. Now regulatory changes are opening the $13 trillion 401(k) market to these high-yield investments.
IRS Tax Season Opens January 26: Why This Could Be America's Biggest Refund Year Ever
The IRS opens 2026 tax filing season on January 26 with $370 billion in expected refunds. New tax breaks for tips, overtime, and seniors could boost average refunds by $1,000.
The Vanishing College Premium: Unemployment Gap Between Graduates and Non-Graduates Hits Historic Lows
The Cleveland Fed reports that the unemployment gap between college and high school graduates has reached its lowest level in decades. Here's what it means.
December CPI Delivers Relief: Core Inflation Eases Below Expectations
The December 2025 CPI report shows core inflation at 0.2% monthly, below the 0.3% expected, reinforcing hopes that inflation is moderating toward the Fed's target.
Delta's Historic Milestone: Premium Cabin Revenue Overtakes Economy for the First Time in 100 Years
Delta Air Lines reports Q4 2025 results showing premium cabin revenue exceeded economy for the first time ever, illustrating America's widening wealth divide.
Housing Market Eyes Most Balanced Year Since Pre-Pandemic as Inventory Finally Rebounds
Housing inventory is up 20% year-over-year as the mortgage lock-in effect begins to break. Experts predict 2026 will deliver the most balanced market in a decade, with neither buyers nor sellers holding the upper hand.