Charts for the Beach

Published on August 14, 2025

It’s been a hot summer in New York City, and the markets have been red hot as well.

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Consumer Borrowing Continues to Sag Signaling Economic Pain on Main Street

August 14, 2025
For the second straight month, consumer borrowing was weak, indicating Americans might be close to their credit limits.

US Department of Labor helps recover $520 million in suspected fraudulent pandemic-era unemployment insurance payments

August 14, 2025
WASHINGTON – The U.S. Department of Labor’s Office of Inspector General today announced the successful recovery of approximately $520 million in suspected fraudulent unemployment insurance payments made during the COVID-19 pandemic. These funds, which had been frozen by a financial institution, have now been returned to the state of Maryland as a result of a coordinated recovery effort involving t