According to the Federal Reserve Bank of New York, total U.S. household debt rose to $18.8 trillion at the end of 2025, while credit card balances reached $1.28 trillion and transitions into serious delinquency on card balances ticked up. For many borrowers, that backdrop helps explain why progress on revolving debt can feel painfully slow … Read more
According to the latest federal labor-turnover data, the U.S. “quits” rate has been stuck around 2.0% for months—far below the peak of the Great Resignation. At the same time, consumer surveys show fewer workers even expect to leave voluntarily in the next year. On the surface, that sounds like stability. But a workforce that won’t move can turn a … Read more
According to the U.S. Bureau of Economic Analysis, the economy grew at a 0.7% annual rate in Q4 2025—a sharp downgrade from the earlier 1.4% estimate and a big cooldown from Q3’s 4.4% pace. It’s not just a technical tweak: the revision suggests the U.S. entered 2026 with less momentum than many people assumed. The headline number is small—because it’s an annualized rate That 0.7% is … Read more
According to Reuters and the Associated Press, the U.S. Senate passed a bipartisan housing affordability package in an 89–10 vote, aiming to speed up homebuilding, expand affordable-housing financing tools, and limit how aggressively large investors can accumulate single-family homes. The bill now heads back toward the House, where lawmakers will have to decide whether to take up the Senate version or … Read more
Nvidia is investing $2 billion in Nebius Group, an Amsterdam-based AI cloud provider, in a deal that pairs fresh capital with a deeper technical partnership aimed at scaling “AI factories” and speeding up AI inference services. Nebius shares jumped in U.S. premarket trading after the news, highlighting investor focus on companies building large, GPU-heavy data centers. Quick takeaways … Read more
According to Reuters, Saudi Aramco CEO Amin Nasser warned that the longer shipping disruptions persist in the Strait of Hormuz, the more “catastrophic” the consequences could be for global oil markets and the broader economy. The remarks come as crude prices have swung sharply in recent sessions, reflecting both fears of supply losses and shifting … Read more
According to Reuters, South Korean stocks have swung violently in early March as oil prices surged and the won weakened, pressuring an economy that imports nearly all of its energy. The benchmark KOSPI suffered a record one‑day fall this week and triggered exchange safeguards meant to slow panic trading, before rebounding sharply the next session. … Read more
According to Investopedia and Reuters, U.S. stock futures pointed lower early Friday while oil prices extended a sharp rally tied to the expanding Middle East conflict, setting up another volatile session as the February jobs report lands at 8:30 a.m. ET. Investors are trying to weigh two inflation signals at once: a sudden energy shock … Read more
According to the Social Security Administration, Medicare’s income-related monthly adjustment amount (IRMAA) is calculated using the most recent federal tax return the IRS provides—often from two years earlier. That timing can surprise people who had a one-time income spike, then moved into a lower-income year. The result is a higher Medicare Part B premium and … Read more
SSI payments for March 2026 are scheduled for Friday, February 27, because March 1 falls on a Sunday, according to the Social Security Administration’s 2026 payment calendar. Social Security retirement, survivor, and disability benefits are then paid on March 3, March 11, March 18, or March 25 depending on when you started benefits and your … Read more