© Reuters. FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S.,…
Delinquencies are up as credit-card debt hits a record $1.08 trillion. Millennials are driving the increase.
By Press Room
2 Mins read
A growing share of Americans are falling behind on their credit-card bills as credit-card debt hit a record high in the third…
Fintech funding for the first three quarters of 2023 dropped to $29 billion, compared to a record high of $54 billion during…
Half Of High School Seniors Won’t Apply To Colleges Costing More Than $40,000
By Press Room
4 Mins read
With Americans again struggling to repay $1.6 trillion in student debt (second only to mortgage debt), high school seniors (and their parents)…
Have you ever walked through a city like New York and wondered how on earth people are able to afford to have…
Third-quarter U.S. GDP grew an astounding 4.9% year over year, well ahead of consensus expectations of 4.5%. This was the fifth strongest…
This is the least affordable housing market since 1984. It’s getting worse
By Press Room
2 Mins read
The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House. It now takes nearly 41% of…
Animoca Brands co-founder Yat Siu. Source: Animoca Brands CEO Yat Siu. Source: Animoca Brands/Canva The hype surrounding the potential launch of a…
As Federal Reserve’s rate hike cycle appears to be nearing its end, bonds are becoming an increasingly attractive investment option. One potential…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey has…