According to the New York Fed’s Q4 2025 Household Debt and Credit report, U.S. credit card balances rose to about $1.28 trillion. Federal Reserve data in the FRED series TERMCBCCALLNS show the average commercial-bank credit card interest rate was 20.97% in November 2025. Together, higher balances and high rates can turn short-term cash gaps into … Read more
Gold prices shattered the historic $5,000 per ounce barrier on Tuesday, while Silver officially crossed the $100 mark for the first time. The synchronized breakout marks a new era for precious metals, driven by aggressive central bank buying and shifting monetary policy. According to market data from the COMEX exchange, spot gold touched a high of $5,071 in early … Read more
The divide between the ultra-wealthy and everyone else has officially reached a breaking point. According to a new analysis of Federal Reserve data released this week, the wealth gap in the United States has hit its widest level in 30 years. The data reveals a “structural shift” in the economy. The middle class, which relies … Read more