During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen said that “Some low-income consumers are perhaps exhausting their buffers of saving[s] that they built up during the pandemic, we’re seeing a little bit more distress at the household level there.” But despite that, “we’ve got a good, strong economy” with “very strong
Yellen: There’s ‘More Distress’ in Low-Income Households, But Households ‘Generally’ in ‘Very Good’ Shape
April 18, 2024 by
Sports Betting Resulting in Sharp Rise in Gambling Addictions and Financial Distress, Especially for Young Men
April 2, 2023 by
Sports betting is now fully legal in 36 states, and betting on your favorite team is easier than ever with apps on phones and computers. But the rise in sportsbooks corresponds with a sharp rise in gambling addiction and the financial distress that follows. Governments an enamored by the rise in sports books because it