Things Worth Noting
The U.S. national debt has surpassed $38 trillion, driven by years of budget deficits, rising interest costs, and growing entitlement obligations. Debt now equals more than 121% of GDP, with interest payments increasingly straining federal resources. Major contributors include high spending on defense, healthcare, and social programs, along with slower revenue growth from an aging […]
In 1992, Robert Downey Jr. visited Wall Street’s NYMEX trading floor in the World Trade Center for his documentary “The Last Party.” Shocked by the chaos, he called brokers “money-hungry immature motherf*kers” and said, “If money is evil, this building is hell.” The frenzied deals, shouts, and greed left him stunned, highlighting Wall Street’s ruthless […]
Improving your credit score is a gradual process with no quick fixes. Start by checking your credit reports for errors, pay bills on time, reduce credit card balances, and avoid closing old accounts. Diversify your credit mix and limit new account openings. Set payment reminders, negotiate with creditors if needed, and consider secured credit cards […]
The Federal Reserve, or “the Fed,” is the central bank of the United States. It was established in 1913 to provide a more stable and flexible monetary and financial system. The Fed is responsible for setting monetary policy to promote economic growth, stabilize prices, and maintain full employment. It uses tools such as open market […]