Bessent: US Seizes $1 Billion in Iranian Cryptocurrency
The United States has now seized roughly $1 billion in Iranian cryptocurrency assets as part of an expanding sanctions-enforcement campaign aimed at cutting off Tehran's access to global financial networks, Treasury Secretary Scott Bessent announced Thursday.
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Americans Rack Up $1.25 Trillion in Debt, 13% Delinquent
Americans' total credit-card balance reached a record $1.25 trillion in the first quarter of 2026, up nearly 6% (5.9%) from $1.18 trillion in the same quarter a year earlier, according to the Federal Reserve Bank of New York.
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Iran war cost: Average U.S. household paying $450 more on gas and energy
Higher energy costs can force consumers to raid their savings and lean more into debt to cover expenses.
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American households pay nearly $450 more on average for energy amid Iran War, data shows
Higher energy costs can force consumers to raid their savings and lean more into debt to cover expenses.
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20% Down? Don't Count on a Bear Market
One of the most enduring is the idea that a 10% decline is a correction and a 20% decline is a bear market. The definition is simple, memorable and widely accepted, but it was developed for a market that looked very different from today's.
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