US Credit Card Defaults Surge to Post-2008 Highs, Signaling Consumer Stress
Key Takeaways: Powered by lumidawealth.com• Credit card write-offs up 50% year-over-year to $46 billion• Total credit card debt exceeded $1 trillion...
Key Takeaways: Powered by lumidawealth.com• Credit card write-offs up 50% year-over-year to $46 billion• Total credit card debt exceeded $1 trillion...
Key Takeaways: Powered by lumidawealth.com• UnitedHealth patients showed 55% increase in sickness scores after switching to Medicare Advantage• Company's physician network...
Key Takeaways: Powered by lumidawealth.com• Brent crude and WTI down 0.4% to $73.48 and $70.29 per barrel respectively• Both benchmarks maintain...
Key Takeaways: Powered by lumidawealth.com• Kyivstar and Starlink partnership aims to provide backup connectivity when terrestrial networks fail• Initial rollout focusing...
Key Takeaways: Powered by lumidawealth.com• Ibiden is the dominant supplier for Nvidia's AI chip package substrates• Current production capacity is fully...
Key Takeaways: Powered by lumidawealth.com• Apple needs stock price of $264.623 to reach $4 trillion market cap (currently at $3.89T)• Company's...
Key Takeaways: Powered by lumidawealth.com• Bitcoin up 130% in 2024 with ETFs accumulating over 1 million BTC ($36 billion inflows)• New...
Key Takeaways: Powered by lumidawealth.com• Bank stocks outperformed both S&P 500 and Nasdaq 100 in 2024, rising 33%• Hedge fund exposure...
Key Takeaways: Powered by lumidawealth.com• Biden administration established ~24 high-level dialogue channels with China• Trump's previous term saw formal communication channels...
Key Takeaways: Powered by lumidawealth.com• UnitedHealth executive Brian Thompson's assassination triggers industry-wide scrutiny• Company implements enhanced security measures while maintaining record...
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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy. Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability. Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services. Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018