An update on the world's richest people and the countries and industries in which they have created their wealth... Read More
The expiration of federal unemployment benefits might mean we are a lot closer to settling the 'transitory' debate on inflation. And with this answer, we might get a new trend in interest rates. Our guess has been inflation is more permanent, which will lead to higher yields.... Read More
A home may be the biggest purchase most people make in their lives, but households' home equity is actually surpassed by households' direct stock ownership.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
Almost 45% of FDIC deposits in the U.S. are uninsured.... Read More
Household debt in the U.S. rose slightly to $14.64 trillion in the first quarter.... Read More
Consumers are being cautious with their lines of credit, using just 20% of their credit limit.... Read More
People under 30 hold a relatively small amount of debt compared to other age groups.... Read More
The percentage of consumers with debt at a collection agency has fallen over the past couple years, although the average collection amount has risen.... Read More
Household debt broken down by delinquency status... Read More
Outstanding credit card debt has declined from pre-pandemic levels. This was likely due to a lack of spending options during quarantines. More recently, stimulus checks helped consumers pay off debt.... Read More
The first quarter saw $1.14 trillion in mortgage origination, just off the record set in the previous quarter.... Read More
A historical look at the highest and lowest tax brackets since 1913... Read More
How have the different forms of taxes funded the U.S. government throughout the years?... Read More
The highest earners may pay income tax rates that are almost double that of the average American, but the largest chunk of income tax revenue collected by the IRS comes from households earning between $200K and $500K.... Read More
The average taxpayer in the U.S. paid 14.10% on their adjusted gross income between 2001 and 2018.... Read More
Roughly 35% of U.S. citizens have no income tax liability.... Read More
A look at each state's income tax as well as sales tax rates... Read More
A comparison of taxes across the globe... Read More
Jobs have steadily increased for college grads since 2007, but the same cannot be said for those less educated.... Read More