Podcast: The economic realities underneath every ordinary decision

Total household debt increased by $197 billion to $18.59 trillion in the third quarter of 2025, according to the latest Quarterly Report on Household Debt and Credit by the Federal Reserve Bank of New York.

A new survey found that when talking to friends or family, most people find it easier to discuss politics or their love life than their bank accounts.

Economic activity in the services sector returned to expiation territory in October. The ISM Services Index indicated expansion at 52.4%, above the 50% breakeven point for the eighth time in 2025.

The nonfarm private sector added 42,000 jobs in October, and annual pay was up 4.5% year-over-year, according to the ADP National Employment Report. This follows an upward revision of September’s report from -32,000 jobs to -29,000.

Central banks and other supervisory and regulatory authorities need to “raise their game” both as observers of the effects of artificial intelligence on the economy and as users of the technology, according to a new report by the...

During the third quarter, banks reported tighter lending standards for commercial and industrial loans to firms of all sizes and stronger demand for C&I loans from large and middle-market firms.