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Serious Delinquency Rates Rise As Consumer Debt Hits New Highs In 2017

The Federal Reserve Bank of New York has released its Household Debt and Credit Report for the first quarter of 2017.

According to the report, household debt has now reached an all-time high. 367 more words

Economy

Many Millennials still live at home

The Census Bureau reported that latest figures show 31 percent of Millennials live at home with their parents vs 27 percent who live with their spouse.  145 more words

Many Millennials still live at home

*The Census Bureau reported that latest figures show 31 percent of Millennials live at home with their parents vs 27% who live with their spouse. The Millennials are those folks between 18 and 34 years of age.* 115 more words

Participation Trophies

Canada's housing market looks eerily similar to the US before the crash

Borrowers buying homes with bigger and bigger mortgages. Specialist lenders taking business from banks by offering more aggressive loan terms. Analysts claiming there is nothing to worry about. 291 more words

$1-$1=0="American Dream"

Normal American debt broken down:

In today’s America, being a dreamer or rather achieving the “American dream” seems to come with a huge price tag or you can call it debt. 572 more words

Money Stuff

December 14, 2016

http://www.investopedia.com/articles/markets/012016/how-anheuserbusch-makes-money-bud.asp

Tobacco companies and gun manufacturers get plenty of scorn. Yet for some reason, the multinational corporations that make and sell perhaps the most addictive and damaging legal substance of all get a free pass. 589 more words

Mall Investors Are Set to Lose Billions as America's Retail Gloom Deepens

The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit. 725 more words

Retail