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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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Apr 20, 2026 / Tyler Durden
The Best Money Advice Of All Time
The Best Money Advice Of All Time
Authored by Ellen Chang, Kerri Anne Renzulli, and Chris Taylor via Kiplinger’s Personal Finance,
Financial advice is everywhere these days. In the digital age, you can find insights and tips about how best to save, invest, and manage your money from adviser and financial services websites; YouTube, TikTok, and other social media platforms; podcasts, newsletters, and Substacks; and your 401(k) provider, among other outlets.
The challenge is figuring out the very best advice you could get for your circumstances. Dreamstime/TCA
Then there are all the traditional sources, such...
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Apr 23, 2026 / Dave DeCamp
Katz: Israel Waiting for US ‘Green Light’ To Attack Iran, Plunge Country Into the ‘Stone Age’
Israeli Defense Minister Israel Katz said on Thursday that Israel was waiting for a “green light” from the US to break the ceasefire and renew attacks on Iran to plunge the country into the “stone age,” and finish off the Khamenei family, a sign that the truce is on the brink of collapse. “Israel is […]
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Apr 15, 2026 / Tyler Durden
Twin Suicide Attacks Rock Algerian City Near Where Pope Is Visiting
Twin Suicide Attacks Rock Algerian City Near Where Pope Is Visiting
Algeria has been hit by two terror attacks during Pope Leo XIV's visit, officials say - though at this point there doesn't appear to have been any direct effort at targeting the Pope or his accompanying officials.
Twin suicide attacks rocked a city outside Algeria's capital Monday, just as the American-born Pontiff began his historic visit to the country, AFP reports.
Pope Leo at the presidential palace in Algiers on Monday, via Vatican Media Handout/EPA
"There were two security incidents yesterday afternoon in...
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