CATEGORY

Economy

Breaking

Record Debt Crisis: U.S. Households Owe $18.6 Trillion as Defaults Climb

American Faith -
U.S. household debt hit $18.6 trillion in Q3 2025 as student loan defaults surged and delinquency rates climbed.
Breaking

Private Sector Adds Just 42,000 Jobs in October — Alarm Bells for Labor Market

American Faith -
The U.S. private sector added approximately 42,000 jobs in October — a positive rebound from September’s 29,000‑job loss, yet still modest.
Breaking

Trump Adviser Concedes GOP Missteps, Urges Affordability Focus for 2026

Christian Aguayo -
Deputy White House Chief of Staff James Blair acknowledged that the Republican Party made strategic errors in several key races.
Breaking

Shutdown Showdown: Scott Jennings Rebukes David Hogg’s GOP Blame Game

American Faith -
Conservative political commentator Scott Jennings confronted Democratic activist David Hogg during a CNN NewsNight panel.
Breaking

GOP Pushes Long-Term Funding Plan as Government Shutdown Drags On

American Faith -
Senate Republicans plan a long-term funding bill as the government shutdown drags on, shifting from targeted measures.
Breaking

Fed Governor Cook Breaks Silence on Trump Firing, Vows to Continue Duties

American Faith -
Fed Governor Lisa Cook breaks her silence after President Trump’s attempt to fire her, says she will continue her duties.
Breaking

California Billionaires Face One-Time 5% Wealth Tax

American Faith -
California is considering a one-time 5% wealth tax on billionaires through the “2026 Billionaire Tax Act,” aimed at filling gaps in Medicaid.
Breaking

Surge in Law & Business School Applications Signals Shift for Gen Z Amid Hiring Freeze

American Faith -
Applications to U.S. law schools have surged by about 33 % and business‑school interest is rising as Gen Z faces hiring freezes.
Breaking

Federal Reserve Slashes Rates

Sarah Wagner -
The Federal Reserve cut interest rates for the second time this year, lowering the rate by a quarter point.
Breaking

Bank of America CEO Warns Middle Class ‘Pinch’ Amid Mounting Economic Risks

American Faith -
Bank of America CEO Brian Moynihan warns the middle class is feeling a “pinch” as income growth slows and inflation remains high.
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