Tyler Foster
Latest Articles by Tyler Foster
Credit card balances fell $25 billion last quarter — but 90-day delinquencies hit 13.1%, a 15-year high, because people aren’t borrowing less by choice
A $25 billion drop in credit card debt sounds like Americans are finally getting ahead. That’s the top-line figure from the Federal Reserve’s G.19 consumer...
Cerebras dropped 10% on Day 2 after surging 68% on its IPO — the stock is still 51% above its $185 offering price
Cerebras Systems gave back a chunk of its blockbuster debut on its second day as a public company. Shares of the AI chipmaker fell roughly...
A $25 billion Treasury auction just cleared at 5.046% — the last time the government paid this much to borrow for 30 years was before the iPhone existed
The U.S. Treasury sold $25 billion in 30-year bonds on May 13, 2026, and the clearing yield landed at 5.046 percent. That is the highest...
Trump said he’s “losing patience” with Iran — the ceasefire expires Sunday, oil hit $107, and gas is 16 cents from the all-time U.S. record
The national average price of a gallon of regular unleaded gasoline has climbed to roughly $4.85, putting it within about 16 cents of the all-time...
Retail spending rose for the third straight month — but strip out gas and the American consumer is barely growing at all
Three months of rising retail sales sound like a vote of confidence from American consumers. Look closer, and the streak has a catch: a growing...
132,000 tech workers have been laid off in 2026 — and the companies cutting them just posted record revenues and doubled their AI budgets
By the end of April 2026, technology companies had eliminated roughly 132,000 jobs, according to Layoffs.fyi, the widely cited tracker founded by Roger Lee. The...
Zero rate cuts are priced in for 2026 — and the new Fed chair who started work today has never voted for one
Kevin Warsh walked into the Eccles Building on May 15, 2026, as the 17th chair of the Federal Reserve. The bond market had already written...
Existing home sales barely rose 0.2% in April — but inventory jumped 5.8% to 1.47 million homes, the most buyer leverage since the pandemic
Buyers walking into open houses this spring are encountering something that hasn’t existed since before the pandemic: breathing room. Existing home sales crept up just...
Scam losses doubled in a single year and 40 million Americans were targeted — the average victim now loses more than twice what they did in 2025
A grandmother in Ohio wires $8,000 to someone she believes is her grandson, arrested and desperate for bail money. A college student in Texas watches...
Student loan delinquencies jumped to 10.3% — the highest since 2020 — and defaulted borrowers are also falling behind on credit cards, auto loans, and mortgages
For more than three years, millions of Americans with federal student loans made no payments at all. The pandemic-era freeze, which began in March 2020...
Cerebras raised $5.5 billion in the biggest tech IPO since Uber — then the stock nearly doubled on Day 1 to a $95 billion valuation
When Cerebras Systems priced 30 million shares at $185 each on Wednesday evening, the AI chip startup had already secured its place in Wall Street...
Cisco cut 4,000 workers on the same day it posted record revenue of $15.84 billion — and doubled its AI orders to $9 billion
On May 13, 2026, Cisco Systems did two things simultaneously: it reported the strongest quarter in its 42-year history, and it told nearly 4,000 employees...
Builders slashed new home prices 6.2% in a year to $387,400 — because 481,000 unsold homes are sitting on the market
The sticker price on a brand-new American home just dropped to a level that would have seemed impossible during the pandemic housing frenzy. According to...
Producer prices for services jumped 1.2% in a single month, the biggest gain since 2022 — that’s the inflation the Fed can’t blame on oil
Wholesale prices spiked in April 2026, and the usual explanation doesn’t apply. It wasn’t oil. It wasn’t gasoline. It wasn’t a drought or a refinery...
Trump landed in Beijing today with Musk, Cook, and Nvidia’s CEO on Air Force One — traders give 81% odds the tariff truce gets extended
President Donald Trump touched down in Beijing on Tuesday afternoon, May 13, 2026, accompanied by three of the most powerful technology executives on the planet:...
The 30-year mortgage held at 6.37% the same week wholesale inflation hit 6% — the 10-year Treasury just climbed to its highest yield in 10 months
Homebuyers who locked in a 30-year fixed mortgage this week are paying 6.37%, according to Freddie Mac’s Primary Mortgage Market Survey. That number barely moved...