The US Treasury is desperately buying its own debt to stop a global bond sell off.
If left unchecked, it could catalyze a crisis of confidence in the dollar itself. The Grayzone's Kei Pritsker explains how the Iran War could end the US world reserve currency statusOpen
‘When a prediction market or sportsbook starts to feel like a retirement strategy, we have a problem’
AI:A new survey reveals that Generation Z is increasingly turning to high-risk sports gambling and prediction markets as a desperate substitute for traditional financial stability. Faced with a darkening economic horizon, these young adults are treating volatile betting platforms as legitimate retirement strategies rather than leisure activities. This shift highlights a systemic breakdown in the American Dream, where an entire generation, driven by profound economic uncertainty, is being steered toward financial ruin by predatory industries that frame high-stakes gambling as a viable investment tool.Open
15 percent said they were delaying rent or mortgage payments
Owen Shroyer says the economy is likely to significantly decline due to countless Trump missteps.
The U.S. economy saw an unexpected job decline in July, while the unemployment rate ticked lower, according to the Bureau of Labor Statistics. Brooke Shafer reports.
‘meet their basic needs’
A big part of the DNC's financial problems are lingering debts from 2024.
A new analysis found only two states have seen healthy growth in middle-class income compared to inflation.
Perchance AI From Pan Am and TWA to more recent casualties and restructurings, aviation has become almost synonymous with financial instability.