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Lowell man gets more than 3 years in federal prison for money laundering regarding covid relief...
Arkansas Democrat-Gazette· 5 days agoU.S. District Judge Timothy Brooks imposed a 37-month prison sentence and three years of supervised...
The Fed Fears a Bond Meltdown
Ludwig von Mises Institute· 4 days agoFurthermore, US government deficit spending has more than offset the decline in the Federal Reserve balance sheet. While the Fed’s balance sheet has shrunk by $1.5 trillion ...
High Interest Rates Are Hitting Poorer Americans the Hardest
New York Times· 1 day agoThe economy as a whole has proved resilient amid the highest rates in decades. High interest rates...
Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows
CNBC· 15 hours agoAmericans owe a collective $1.12 trillion on their credit cards, according to a new report on...
There Are Two Sides to Every Debt
The Dispatch via Yahoo Finance· 2 days agoYou get financial relief from having to pay rent, and you get an asset that helps you to build wealth and that may, if you are lucky, appreciate at a...
Credit card balances fall slightly from record high, but remain elevated
Bankrate via Yahoo Finance· 16 hours agoThe first quarter of the year remains undefeated: Since the New York Fed began issuing its Quarterly...
Student loan interest rates expected to get hit with 'big jump'
Newsweek· 6 days agoInterest rates for federal student loans could increase by roughly 1 percentage point in the next...
High Interest Rates Are Hitting Poorer Americans the Hardest
The New York Times via Yahoo News· 19 hours agoHigh interest rates haven’t crashed the financial system, set off a wave of bankruptcies or caused...
Australia doles out energy, rent relief in balm for inflation
Reuters· 21 hours agoAustralia's government plans to spend billions to cut energy bills and rent, lowering headline...
These are the potential ‘shock’ scenarios around next week’s inflation data, says Goldman Sachs
Market Watch· 7 days agoOf course, data that sparks further inflation worry could cause downside pressure on risk assets...
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