The dollar still accounts for 58% of global foreign exchange reserves, 54% of export invoicing, and 88% of foreign exchange transactions.

NAV loans experienced a 30% compound annual growth between 2019 and 2023, a market that amounted to about $100 billion in 2022 but poised to reach $600 billion by 2030. These loans usually pay an interest rate of above 10% and, while subordinated to the debt of the companies in the private-equity portfolio, have relatively safe loan-to-value ratios of between 10% and 25%.

The U.S. federal government spent $6.75 trillion in the most recent fiscal year ended Sept. 30. Walk around town handing $20,000 to everyone you see. Now do that for the entire U.S. population, all 337 million of us. That is about how much the U.S. spent.

The four-quarter moving sum of the percentage of balances becoming 30-plus-days past due fell 0.26 percentage point from the second quarter to the third, to 8.79%. Early data show the trend continuing into the fourth quarter.

Sales of bonds backed by the riskiest auto loans to subprime borrowers hit nearly $40 billion this year through October, up 17% from all of 2023.

Thirty years ago, Americans with a college degree accounted for roughly 20% of the population and held the same percentage of household wealth as those without a degree. Today, Americans with a college degree account for 38% of the population and 73% of household wealth.

After strengthening nearly 3% since Election Day, the greenback was recently trading at a roughly two-year high.

The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when the consumer-price index was up 2.4% on the year. Core prices, which exclude food and energy items in an effort to better reflect inflation’s underlying trend, were up 3.3% from a year earlier.

After showing remarkable strength and resilience since the pandemic, the job market has started to cool off significantly. The unemployment rate has risen to 4.1% from 3.6% in June 2023, and the number of job openings continues to trend downward.

Roughly a third of people who financed their vehicles have negative equity on their auto loans which means their loan is larger than the value of their car. That share would amount to some 31 million of the more than 100 million auto-loan accounts.