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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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Jul 9, 2026 / Dave DeCamp
Iran’s Foreign Ministry Says US Strikes on Railway Bridges are a ‘Blatant War Crime’
Iran’s Foreign Ministry on Thursday released a statement strongly condemning the latest US airstrikes in Iran and said the attacks that allegedly hit two railway bridges were a “blatant war crime.” According to Iranian media, one US strike hit an important railway bridge in Iran’s northeastern Golestan province that links Iran to Turkmenistan and China. […]
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Oct 16, 2026 / Tyler Durden
Record Tanker Rates Leave Heavy Crude Stranded In The Americas
Record Tanker Rates Leave Heavy Crude Stranded In The Americas
Authored by Irina Slav via OilPrice.com,
Record tanker rates are creating a heavy crude glut in the Americas, pushing Canadian, Colombian, and Ecuadorian crude prices down roughly $10 per barrel.
Shipping costs have surged to $40 per barrel, making American heavy crude increasingly uneconomical for Asian and European refiners.
The global diesel crunch is set to persist, as tanker shortages prevent heavy crude from reaching markets where demand remains strong.
The Middle East crisis has driven tanker rates to all-time highs and...
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Apr 10, 2026 / Tyler Durden
New ATF Rule Should Dismantle Billion-Record Gun Registry
New ATF Rule Should Dismantle Billion-Record Gun Registry
Via Gun Owners of America,
The Trump administration will soon release a rule dealing with ATF’s illegal registry. It will change the Biden-era requirement that gun dealers permanently keep all firearm transaction records.
Ending the permanent retention of these records is could be a huge step in the right direction, since the Biden ATF’s entire plan was to use these forms to continue building their illegal gun registry.
So how does GOA know this?
Well in case you missed our video on it, the Trump administration’s proposed new director of the ATF,...
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