It is the 30th of March 2017

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US Household Debt Rose To $12.6 Trillion In 2016: Biggest Jump In A Decade

While it does not contain any new information to those who track the monthly, G.19, consumer credit releases by the Fed, the quarterly NY Fed report on Household Debt and Credit Developments provides a convenient one-stop summary of quarterly changes in household finances. What the latest report issued this morning revealed, is that total US household debt jumped in Q4 driven by increases in credit card debt, auto and student loans, and a Q4 surge in mortgage originations, and as of December 31, 2016, stood at $12.58 trillion, a $226 billion (1.8%) increase from the third quarter of 2016. For the full year 2016, total household debt rose by $460 billion, the biggest annual increase in a decade.

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Wikileaks Exposes CIA Involvement In French 2012 Presidential Election

In a move that is sure to unleash a fresh firestorm of accusations that Russia is interfering in the upcoming French elections, Wikileaks has has released three classified CIA "tasking orders" revealing details of a seven-month long spying campaign and involvement by the agency ahead of the 2012 French presidential election.

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