Saveliy M.

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 resumed after...

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. For married...

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 cause of death was...