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News Powered By AI

Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

by News Feed Editor | Aug 21, 2026 | Financial

Credit card balances reached $1.26 trillion in mid-2026, rising $21 billion in the second quarter as late-stage delinquencies jumped sharply, raising concerns about household financial strain.

Data breach notices have already blown past last year’s total — and AI is playing a growing role

by News Feed Editor | Aug 21, 2026 | Financial

Data breach notices are surpassing last year’s record, with over 471 million victim notices reported in the first half of 2026, and artificial intelligence is increasingly enabling these security incidents.

College can cost $100,000 a year. Here’s how families are covering the tab

by News Feed Editor | Aug 21, 2026 | Financial

More than 12% of Americans view four-year colleges as affordable as costs exceed $100,000 annually, prompting families to increasingly rely on loans, grants, and savings to fund higher education.

‘Ask the right questions’: what you need to know before buying shares

by News Feed Editor | Aug 20, 2026 | Financial

Before investing in individual company shares, investors should research financial metrics like price-to-earnings ratios, price-to-book ratios, and dividend yields to assess a company’s value and prospects.

Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans

by News Feed Editor | Aug 20, 2026 | Financial

Sen. Bernie Sanders introduced a bill to prevent Social Security benefit garnishment for unpaid federal student loans, backed by Democratic senators Elizabeth Warren and Ed Markey.

Treasury proposes low-cost investment rules for Trump Accounts

by News Feed Editor | Aug 20, 2026 | Financial

The Treasury Department issued proposed guidance Thursday establishing eligibility criteria for Trump Account investments, emphasizing low-cost index funds to maximize returns for children’s long-term savings.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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