A recent Federal Reserve survey reveals that American families are struggling with loan payments at rates not observed since the aftermath of the Great Recession. The proportion of households falling behind on financial obligations climbed…
US Household Debt Delinquencies Hit Highest Levels Since 2010
Additional reporting from CNBC.
Related
FED's interest rate decision in October prediction market
A prediction market tracking the Federal Reserve's interest rate decision is currently open. Participants can trade on the outcome through October 28, 2026, which marks the final closing date for the market. The resolution window follows…
XRP Ledger Patched Decade-Old Bug That Could Create Billions of Dollars in XRP From Nothing
Researchers demonstrated a vulnerability on the XRP Ledger where a payment could generate spendable XRP without being funded by the sender. This discovery triggered an emergency software patch to secure the network against the creation of…
Visa Report Points to 1.2 Billion APAC Consumers Adopting Stablecoins by 2031
A new research study from Visa indicates that up to 1.2 billion people across the Asia-Pacific region could embrace stablecoin technology over the next several years. However, widespread adoption continues to face hurdles stemming from…
Trump's New Diesel Deal With Russia Faces Backlash Over Sanctions Conflict
President Donald Trump has announced a new agreement for Russia to supply diesel to the global market, aiming to lower record-high prices ahead of the midterm elections. The move has drawn sharp criticism from lawmakers and experts who…