_{FINANCIAL NEWS}

Criminal Acts by Massive Bank: What You Need to Know and How to Protect Your Wealth

TD Bank, one of North America's largest financial institutions, has been fined $3 billion for failing to prevent drug cartels from laundering over $670 million through its accounts. This scandal, which involved unmonitored transactions and suspicious employee behavior, highlights the broader risks within the banking system. As trust in financial institutions wavers, investors are seeking more secure alternatives like gold. A Gold IRA offers protection from banking instability, inflation, and ensures physical ownership of wealth, free from third-party risks. Read More. 

_{ECONOMIC NEW}

Debt Delinquency and Rising Inflation: A Storm Brewing for American Consumers

According to the New York Federal Reserve, American consumers are increasingly concerned about the risk of debt delinquency and expect long-term inflation to remain elevated. The probability of consumers missing a minimum debt payment rose to 14.2% in September, the highest since April 2020, reflecting rising financial pressures. Inflation expectations for the next year remained steady at 3%, but increased slightly for the three- and five-year horizons. Despite these concerns, expectations for job loss and unemployment remain relatively stable. The Federal Reserve is cautiously approaching interest rate cuts as inflation cools, though markets anticipate a 25-basis-point rate cut in November. Read More.