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Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average

Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion.  Some details: Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and totaled $13.19 trillion at the end of March. Balances on home equity lines of credit (HELOC) rose by $12 billion, marking the 16th...
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Jun 2, 2026 / Tyler Durden
How China Is Remaking Its Vast Western Frontier
How China Is Remaking Its Vast Western Frontier China is undertaking a vast effort to reshape its western frontier, transforming Xinjiang and Tibet from remote borderlands into strategic hubs for industry, energy, tourism and trade, according to a new lengthy report from Financial Times. Under President Xi Jinping, Beijing is pouring investment into highways, railways, renewable energy projects, manufacturing bases and tourism infrastructure across a region that covers nearly a third of China’s territory. Officials see the west not as a distant hinterland but as a frontline for economic growth, national security...
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Apr 27, 2026 / Tyler Durden
Supreme Court To Review Geofencing In Pivotal Case For Privacy Rights
Supreme Court To Review Geofencing In Pivotal Case For Privacy Rights Authored by Joseph Lord via The Epoch Times, The Supreme Court on April 27 will hear oral arguments in a case with major implications for privacy rights—and how law enforcement uses Americans’ cell phone data while investigating crimes. The case, Chatrie v. United States, centers on law enforcement’s use of “geofencing warrants”—judge-authorized requests for cell phone location data near the scene of a crime. Okello Chatrie told the Supreme Court that the government’s use of these warrants, which resulted in a criminal...
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Jul 23, 2026 / Tyler Durden
US Lays Groundwork For Approving Offshore Nuclear Power Projects
US Lays Groundwork For Approving Offshore Nuclear Power Projects Authored by Melanie Sun via The Epoch Times, The U.S. federal government has outlined a preliminary framework to oversee the approval of offshore nuclear power projects, advancing President Donald Trump's agenda to safely unleash domestic energy production and reestablish the United States as the global leader in nuclear energy. Birds fly along the Pacific Ocean near the dry fuel storage of canisters containing spent nuclear fuel at the San Onofre Nuclear Generating Station (SONGS) along the Pacific Ocean south of San Clemente in...
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