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Key Takeaways: American household debt reached a record $18.59 trillion in Q3 2025, rising $197 billion from the previous quarter Credit card debt surged to $1.233 trillion with average APR hitting 22.83%, while serious delinquency rates reached 12.41% — the highest since 2011 Among borrowers aged 18-29, serious delinquency rates hit 5% in Q3 — more than double the rate from a year earlier Student loan delinquencies exploded to 9.4% of total debt as federal payment reporting

Key Takeaways: President Trump announced plans for at least $2,000 tariff dividend payments to most Americans, excluding high-income earners Treasury has collected over $220 billion in tariff revenue, but 163 million tax filers would require about $326 billion for $2,000 checks Treasury Secretary Bessent suggested the "dividend" could come through existing tax cuts rather than actual checks The Supreme Court appears skeptical of Trump's tariff authority, with legal challenges

Introduction The cryptocurrency industry has shown extraordinary resilience over the past several years. Despite the setbacks of the 2021–2022 crypto winter, major platform collapses, and increased global scrutiny, the sector has matured into a multi-trillion-dollar ecosystem. As of September 2025, global crypto market capitalization reached $3.96 trillion , driven by regulatory clarity, improved institutional trust, and stronger financial infrastructure. Strategic government

Live NYC Mayoral Election Results 2025: Zohran Mamdani leads polls vs Andrew Cuomo & Curtis Sliwa. Who’s winning the NYC mayor race? Polls close 9pm ET get live updates, exit polls, voting hours, and when results will be announced.

Who is Cam Skattebo Cam Skattebo, full name Cameron Skattebo, is an American professional football running back for the New York Giants in the NFL. He played college football at Arizona State University (ASU), where he was known for his versatile playstyle, earning accolades like Peach Bowl MVP. Drafted in the fourth round of the 2025 NFL Draft, Skattebo quickly emerged as a key rookie contributor for the Giants, showcasing his rushing and receiving skills. From his college d

Summary On September 16, 2025 , Google unveiled its new Agent Payments Protocol (AP2)  – an open standard to let AI agents autonomously make payments. AP2 allows agents to transact using credit/debit cards or digital currencies (stablecoins) [16] [17] . The protocol was developed with a consortium of ~60 partners , including Coinbase, the Ethereum Foundation, American Express, Adobe, and others [18] . These companies helped shape AP2 to be “universal” for both traditional and

Summary In July 2025 authorities indicted Christine Hunsicker , founder of fashion-tech startup CaaStle Inc., for a $300 million investor fraud [24] . Hunsicker (ex-CEO) and others are charged with wire fraud, securities fraud and money laundering , accused of misrepresenting the company’s finances to lure funding. Federal prosecutors say CaaStle was touted as a high-flying “tech-enabled fashion rental” business valued at $1.4 billion [25] , but it was actually in distress. H

The anonymous donor pledging $130 million to cover U.S. military salaries during the ongoing government shutdown has been identified as Timothy Mellon, a reclusive railroad heir from one of America's wealthiest Gilded Age families, according to a report by The New York Times . Timothy Melon Networth Mellon, whose net worth Forbes estimates at nearly $1 billion—though he disputed the "billionaire" label in a 2024 email to the outlet, stating, "Billionaire NOT! ... Never have b

Author : Donna LeValley Published : 5:15 PM EAT, October 24, 2025 Updated : 5:54 PM EAT, October 24, 2025 WASHINGTON  — On Friday, October 24, 2025, the Social Security Administration (SSA) announced a 2.8% Cost-of-Living Adjustment (COLA) for 2026, marking one of the smallest increases since 2020. Delayed from its scheduled October 15 release due to a government shutdown, this adjustment will raise the average retiree’s monthly benefit by $56, from $2,015 in 2025 to $2,071.

Authors : Lisa Leff Published : 3:09 PM GMT+3, October 24, 2025 Updated : 5:40 PM EAT, October 24, 2025 MINNEAPOLIS  — Target Corporation announced on Thursday, October 23, 2025, the elimination of approximately 1,800 corporate positions as part of a strategic effort to streamline decision-making and revitalize its brand. The layoffs, affecting about 8% of Target’s global corporate workforce, include 1,000 employee terminations and the elimination of 800 vacant roles, primari

Authors : Harry Sekulich, Gabriela Pomeroy Published : 4:30 PM PDT, October 21, 2025 Updated : 6:00 AM PDT, October 24, 2025 CHARLOTTE, NC  — The chess world mourns the unexpected passing of US chess grandmaster and beloved YouTube commentator Daniel Naroditsky, who died at age 29, just two weeks shy of his 30th birthday. The Charlotte Chess Center, where Naroditsky was a cherished member, announced his death on Monday, October 20, 2025, in a statement from his family. No cau

Authors : Janelle Pule, Helen Smith Published : 4:46 PM PDT, October 23, 2025 Updated : 6:30 AM PDT, October 24, 2025 SEATTLE  — A significant IT outage at Alaska Airlines' primary data center led to the cancellation of over 360 flights nationwide between Thursday night and Friday morning, according to an airline spokesperson. The outage, which began at 3:30 p.m. PDT (6:30 p.m. ET) on Thursday, October 23, 2025, disrupted key systems essential for flight operations, prompting