Category Finance

Wealthy Inheritors Face Growing Tax Debate

The desire to see the nation’s wealthiest individuals contribute more to public coffers is a widely held sentiment. However, when it comes to the specifics of how to achieve this, opinions become notably less defined, even among those most vocal…

$40 Trillion Debt: How the National Burden Hits Your Wallet

The United States has officially crossed a daunting fiscal threshold, with the national debt surpassing $40 trillion for the first time in history. This colossal figure, $40,203,821,194,241 and climbing, may seem abstract, a number so large it’s difficult to comprehend.…

Bond Market Signals Trouble: Yields Spike to 19-Year Highs

The rumblings in the U.S. bond market are growing louder, with the 30-year Treasury yield recently surging to a 19-year peak, a level not seen since the economic landscape of June 2007. This significant uptick, mirroring similar multi-year highs in…

Economy Gloom: Why Americans Feel So Bad Despite the Data

Economy Gloom: Why Americans Feel So Bad Despite the Data Despite positive economic indicators, a pervasive sense of gloom hangs over the American public. Consumer sentiment, measured by the University of Michigan since 1952, recently hit its lowest point ever…