by Mac Slavo | Jun 12, 2019 | Headline News
An American teenager fled the country in 2011 to avoid repaying student loans he took out to complete a college education. This isn’t the first time this has happened, and it certainly won’t be the last. Stories of crippling student loan debt are not new,...
by Mac Slavo | Jun 6, 2019 | Headline News
Auto loans have hit a new record, and it’s not a good sign in an economy that’s so volatile. Consumers’ monthly auto payments have hit a new all-time high too. People buying new vehicles continue to push the envelope, borrowing more and, on average,...
by Mac Slavo | May 24, 2019 | Headline News
All economic data is pointing to a slower 2019. One of those bits of data is from the manufacturing industry. United States manufacturing growth has hit a 9 year low this month, which is a terrible sign for our volatile economy. Faced with decreasing demand from...
by Mac Slavo | May 21, 2019 | Headline News
Ford Motor Co. is finishing up their final round of layoffs today. About 7,000 workers worldwide are losing their jobs in this “booming economy” as unsold vehicles continue to pile up in the once empty parking lots of closed retail establishments. CEO Jim...
by Mac Slavo | May 16, 2019 | Headline News
Even though the unemployment rate is historically low, delinquencies on automobile loans have spiked to levels not seen since the 2009 Great Recession. People are increasingly failing to make payments on their vehicle loans and a horrifying number of those delinquent...