“Housing, health care, education, caregiving, and everyday costs have outpaced wage growth for decades, leaving households with less room to save.”
On September 16, twelve people voted. The vote was 12 to 0. The Federal Open Market Committee raised the federal funds rate a quarter point, to 3.75 to 4 percent—the first hike since 2023. Not one of those twelve people signed a mortgage that month.
Last month, Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, a bill Congress passed to honor the late senator by codifying and expanding the extensive sanctions regime he devoted much of his career to building.
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), recently warned about the danger from the United States government’s high debt level. She also criticized some government officials, such as US Treasury Secretary Scott Bessent, for believing that economic growth can make the debt problem disappear.
In spite of Trump’s promises to install a democratic regime in Venezuela, that never happened. And no one seems to care.
New York Fed data shows serious credit card delinquencies among Americans 70+ hit 6.3% in Q2 2026 — their highest level since 2011.
In the rest of the world, the Israeli PM is often blamed for the Iran war. His opponents say he hasn’t been tough enough with Tehran.
“French government bonds, known as OATs, have been among the hardest hit in a global bond selloff fueled by inflation fears, higher interest-rate expectations, and concerns about government debt.”
“Many parallels can be drawn between where [the] market stands right now and the factors leading to the housing crash nearly two decades ago.”
