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Bankrate's 2026 survey reveals record-high financial fragility as more than one in four Americans have zero emergency savings and only 47% could cover a $1,000 expense.
China Vanke, once the country's largest homebuilder, narrowly avoided a $284 million default last week. The close call exposes the ongoing fragility of China's property sector.
Saks Global Enterprises, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is preparing to file Chapter 11 bankruptcy as early as Sunday.
President Trump proposes boosting military spending by 50% to $1.5 trillion, citing 'dangerous times.' Here's what it means for defense stocks, the deficit, and your portfolio.
Blue Owl Capital permanently halted quarterly redemptions from its $1.6 billion OBDC II fund, triggering a 10% stock drop and intensifying fears about the $1.8 trillion private credit market.
The personal savings rate has dropped to 3.5%, near its lowest level since 2005. With disposable income growth stalling at 0.1% and consumer spending still rising, the math is unsustainable.
America's personal savings rate has dropped to 3.5%, the lowest since 2022. With consumer spending declining and tariff fatigue setting in, here's what this trend means for household financial health.
Moody's projects real consumer spending growth of just 1.5% in 2026. Lower-income Americans are cutting dining, travel, and fitness as the K-shaped economy widens.
IRS data shows the average tax refund is $2,290 so far in 2026, up 10.9% from last year. Financial experts say the way most Americans spend their refund is the biggest missed opportunity of the year.
Google's parent company raised $32 billion across U.S. dollar, sterling, and Swiss franc bonds in less than a day, drawing $100 billion in orders to fund $185 billion in AI capital expenditures.
The Congressional Budget Office releases its Budget and Economic Outlook for 2026-2036 on February 11, with projected cumulative deficits expected to reach $22 trillion or more over the decade.
The Department of Government Efficiency produced the largest peacetime workforce cut on record, but federal spending climbed to $7.6 trillion, exposing the limits of cutting headcount.