Author: Isabella Sorvani

A New Conservative Chapter for Poland Karol Nawrocki was officially sworn in as Poland’s president, launching a five-year term that could reshape the nation’s political trajectory. Backed by the conservative Law and Justice party and endorsed by U.S. Republican figures including Donald Trump, Nawrocki’s win marks a potential shift toward nationalism in a country currently led by centrist Prime Minister Donald Tusk. Although executive power largely rests with the prime minister, the presidency allows influence over foreign policy and the ability to veto legislation. At 42, Nawrocki is a political newcomer and historian by trade. His candidacy was propelled by…

Debt Levels Surge Across Key Categories U.S. household debt reached a new milestone in the second quarter of 2025, climbing by $185 billion to a total of $18.39 trillion, according to data from the Federal Reserve Bank of New York. Mortgage balances drove the increase, rising by $131 billion and bringing the total to $12.94 trillion. Despite ongoing concerns about affordability, housing activity remained stable, keeping mortgage borrowing strong. Auto loan originations also posted significant gains, hitting $188 billion — a jump from $166 billion in the previous quarter. Credit card balances rose by $27 billion, accompanied by a $78…