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Credit card debt in the U.S. breached $1 trillion in 2023 while high interest rates continue to push the debt balance even higher in 2024.

TEST UPDATE TEST (EX. CORRECTION) July is the most happening travel month of the year. Americans jet off to beaches, national parks or theme parks, but nearly half are carrying more baggage than what is in their luggage. According to WalletHub’s 2024 Credit Card Debt Survey, 46% of Americans are still paying down last summer’s…

America is not ready for a major war, says a bipartisan commission A bipartisan commission report reveals that the United States is critically unprepared for a major military conflict, facing significant challenges from China and Russia. The report highlights alarming shortfalls in military readiness, including munitions shortages, recruitment challenges, and an inadequate defense industrial base.…

The June jobs report shows the unemployment rate ticked up to 4.1%, the first time it has been above 4% since late 2021.

The June jobs report came back a bit of a mixed bag. On the one hand, the U.S. economy added slightly more jobs than expected at 206,000. On the other hand, the unemployment rate ticked up to 4.1%. It’s the first time the unemployment rate has been above 4% since late 2021. Analysts had expected unemployment to…

Recent economic indicators have shown a mixed picture; some are predicting a recession, others say the U.S. is far from entering a recession.

In a forecast that has reignited some economic concerns, Peter Berezin, the chief global strategist at BCA Research, anticipates a 30% decline in the S&P 500. Berezin warned of a looming recession possibly as soon as late 2024 or early 2025. Berezin attributes his prediction to a projected slowdown in the labor market that he…

President Joe Biden and former President Donald Trump went head to head in the first presidential debate of 2024.

The first presidential debate is in the books. We have a full recap, as well as what the reaction has been like. These stories and more highlight The Morning Rundown for Friday, June 28, 2024. Biden, Trump tout their records in first presidential debate  Thursday night, June 27, saw the first time a current U.S. President debated…

President Biden's poor polling is causing concern among Democratic operatives ahead of a likely election rematch with Donald Trump.

A pervasive sense of fear has settled in at the highest levels of the Democratic Party over President Joe Biden’s reelection prospects, even among officeholders and strategists who had previously expressed confidence about the coming battle with Donald Trump. His poor polling is causing concern among Democratic operatives ahead of a likely election rematch with…

Ukraine President Volodymyr Zelenskyy will visit Washington D.C. on Tuesday, where he will meet with President Biden and leaders of Congress.

With additional funding for Ukraine in limbo, Volodymyr Zelenskyy plans to meet with leaders in Washington D.C. And, amid backlash following her testimony on antisemitism on college campuses, Penn’s president resigns. These stories and more highlight The Morning Rundown for Monday, Dec. 11, 2023.  Zelenskyy to meet with Biden in D.C. on Tuesday Ukraine President…

The woman-focused website Jezebel is shutting down after 16 years. Parent company G/O Media announced that 23 people will be laid off.

The female-focused website Jezebel is shutting down after 16 years. Parent company G/O Media announced Thursday, Nov. 9, that 23 employees will be laid off as part of a broader restructuring of its digital news outlets. In a memo to staff, G/O Media’s CEO Jim Spanfeller said he made the “difficult decision” after failing to…

Inflation is off its 40-year highs but Americans still feel the pain. Here's how much prices have really gone up since 2020 in this week's Five For Friday.

Inflation is well off its peak of 9.1%, sitting below 4%. So why doesn’t it feel like we are getting price relief? We crunched the numbers and found out how much prices have really spiked over the past three years in this week’s Five For Friday.  #5: Shelter Shelter is the most basic necessity and…

While liberals celebrate economic growth, conservatives point out rising costs. What’s the big picture on the U.S. economy?

When Ukraine was a part of the USSR, it was a major weapons manufacturer. To win the war with Russia and protect its future, Ukraine’s government wants the country to regain that former prominence. Ukraine’s Armed Forces are up to the task. The UAF used domestically produced Unmanned Surface Vessels (USV) called Sea Babies to…

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