New York Fed: Credit Card Delinquency Spikes as Costs Soar Under Joe Biden
Families racked up credit card debt and went into delinquencies at an increased rate since the pandemic, the New York Fed found Tuesday.
Families racked up credit card debt and went into delinquencies at an increased rate since the pandemic, the New York Fed found Tuesday.
Breitbart Economics Editor John Carney discusses the state of Joe Biden’s economy and why this week’s economic data is not helpful to Biden’s reelection bid.
Joe Biden is not a general, but he suffers from the generals’ curse of always fighting the last war.
President Joe Biden’s poor economy for Main Street is the number one issue facing voters in the 2024 election.
Joe Biden’s disastrous economic policies mean young people are saddled with more credit card debt than previous generations.
President Joe Biden falsely alleged Wednesday on CNN that inflation was nine percent when he “came into office.”
Donald Trump ripped Joe Biden for Friday’s weaker than expected jobs report and promised new economic policies.
Former President Donald Trump vowed in Wisconsin to trash President Joe Biden’s so-called “Bidenomics” and reinstate “MAGAnomics” upon victory in November.
Donald Trump is expected to lay out the horrible effects Bidenflaiton has had on Wisconsin families at a rally in Waukesha on Wednesday.
Almost 38 percent of renters in the United States do not believe they will ever be able to call themselves homeowners, per a survey.
People hoping to find work assembling offshore wind turbine engines and blades at the Port of Coeymans in New York are out of luck.
The already insane cost of purchasing a home has hit a new high, thanks to the ongoing horror show that is Bidenomics.
Former Speaker of the House Newt Gingrich has suggested President Joe Biden’s “economic failure” may well be his downfall in November’s presidential election.
Delinquency rates among American credit card holders are at an all-time high, according to a Federal Reserve Bank of Philadelphia report.
The U.S. Postal Service (USPS) has proposed a 7.8 percent price increase for stamps to “achieve financial stability.”
Prices of dental care, eye care, and personal care have increased since 2023, March Consumer Price Index (CPI) data revealed Wednesday.
The prices of auto repair, auto insurance, and parking have surged since 2023, according to March Consumer Price Index (CPI) data.
The costs of daycare and school have soared to nearly five percent since 2023, March Consumer Price Index (CPI) data shows.
Inflation under Joe Biden has sent the costs of maintaining a household soaring. Rent, electricity, and garbage collection prices are all up.
Retail giant Best Buy is conducting massive layoffs within its Geek Squad tech support division, leaving numerous employees suddenly jobless and struggling to come to terms with their unexpected termination.
A $100 grocery haul in 2019 costs almost $140 today for the same common items, causing consumers to “become creative to cope.”
President Joe Biden is underperforming among young voters who are concerned about their economic plight, recent polling shows.
Biden casts his administration as opposed to the widening wealth gap, even though a majority of Americans still live paycheck to paycheck, a recent LendingClub study found, raising concerns that so-called “Bidenomics” failed to help average Americans.
Joe Biden has reportedly used the ‘Bidenomics’ slogan only three times in 2024 after the GOP successfully redefined it with a negative connotation.
A majority of voters are “struggling” under President Joe Biden’s soaring inflation, a McLaughlin and Associates poll found Monday.
President Joe Biden’s attempt to convince America that Bidenomics is a blessing is not working —especially among younger Americans.
A new survey reveals that the relentless wave of tech industry layoffs combined with the rise of AI has fueled widespread anxiety over job security among American workers. More than 72 percent of Americans making more than $150,000 fear losing their jobs to AI and other sources of economic insecurity, while even 50 percent of those making under $50,000 feel the same way.
The New York Times ran six fact-checks against President Joe Biden’s wild economic claims during his State of the Union address on Thursday.
Perhaps the biggest challenge for Biden’s attempt to sell Americans on Bidenomics is not just that the inflation-inflicted wounds of the last few years are still fresh. It’s that they can remember that things were better when Trump was president.
If Joe Biden does boast about his alleged economic success, it could come across as tone-deaf for Americans struggling to afford necessities.
During CNN’s coverage of the Michigan primaries on Tuesday, CNN Political Commentator Bakari Sellers stated that “it’s hard for me to say Bidenomics is working when people are still having trouble with the cost of grocery prices,” and that while
On Tuesday’s broadcast of NewsNation’s “Cuomo,” Biden Campaign Co-Chair Rep. James Clyburn (D-SC) acknowledged that “food prices are up” under President Joe Biden, but the price of medicine is down, there are jobs being created, and infrastructure improvements. While discussing the
During an interview with CNN aired on Friday’s broadcast of “NewsNight,” New Mexico Gov. Michelle Lujan Grisham (D) stated that “a lot of” the disapproval among independent voters of President Joe Biden’s handling of the economy is because “we’re in a
On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Brad Sherman (D-CA) stated that “We’re going to see this economy turn around.” And “the real economy is going to be going very well this summer.” Sherman said, “We’re going to see
McDonald’s executives have finally acknowledged that their $18 Big Mac meals and other inflated prices are putting off lower-income customers.
Debt is just another version of the Company Store — a way to keep you down, so you keep working every day, keep loading those 16 tons.
On Monday’s broadcast of NBC’s “Late Night,” Sen. Bernie Sanders (I-VT) stated that while we have “60% of workers living paycheck to paycheck,” people should vote to re-elect President Joe Biden because the economy “is really doing well, unemployment, extremely
The Shaky Edifice of Improved Consumer Confidence Americans are feeling better about the economy than they have in years. Or at least Democrats are. Consumer confidence—as measured by the Conference Board’s monthly survey—surged to a two-year high in January, the
Biden’s plan to campaign on Trump’s economic policies is a recognition that Biden’s economy is a losing line of attack for his reelection campaign.
On Wednesday’s broadcast of MSNBC’s “Morning Joe,” Minnesota Gov. Tim Walz (D) stated that people want more financial security and Republicans are “rooting for failure, they will never say something’s working.” But President Joe Biden has a more positive vision