Households’ stock wealth is now equal to almost 300% of their annual disposable income, compared with 200% in 2019.
Households’ stock wealth is now equal to almost 300% of their annual disposable income, compared with 200% in 2019.
The number of jobs people quit in December came to 3.2 million, well below the 4.5 million hit in March 2022. The quits rate, which measures quits as a share of employment, was 2%, well short of the 2.3% it averaged in 2019, before the pandemic.
U.S. job openings decreased by 386,000 roles in December, reaching their lowest level since September 2020.
U.S.-based employers announced 1.2 million job cuts in 2025, the highest annual figure since 2020, with tech and warehousing sectors leading.
Financier Ross Stevens will give $200,000 to each U.S. Olympic and Paralympic athlete, regardless of performance. Half will come 20 years after their first qualifying Olympic appearance or at age 45, whichever comes later. Another $100,000 will be in the form of a guaranteed benefit for their families after they pass away.
More than 42 million Americans hold student loans with around 9 million people currently in default on their education debt. The outstanding debt currently exceeds $1.6 trillion.
Total returns from five of the largest private-credit funds aimed at individual investors declined to an average of about 6.22% in the first nine months of 2025, compared with 8.76% in the same period of 2024 and 11.39% in 2023.
Americans with a net worth of more than $5 million are expected to pass down about $17.3 trillion over the next decade.