U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the leading…
Category: Finance
Federal Reserve leaves interest rates unchanged as Warsh era begins
The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about…
US economy grew at 2.1% in first quarter
The U.S. economy grew at a faster pace than expected in the first quarter, according to the…
Fed’s favored inflation gauge accelerated in May amid energy price shock
The Federal Reserve’s preferred inflation gauge rose in May as price pressures persist in the wake…
American Airlines reportedly pauses 6 domestic routes amid fuel price pressure tied to Iran conflict
American Airlines is temporarily suspending six domestic routes this summer as elevated fuel costs linked to…
Andrew Cuomo warns Congress is running out of time on blockchain regulation, says families could save on fees
EXCLUSIVE — Former New York Gov. Andrew Cuomo is taking aim at both legacy financial institutions…
1 under-the-radar ETF to invest $1,000 in right now that’s outperforming major indexes this year
When most people think of major stock market indexes, their minds go to the S&P 500,…
Coca-Cola takes its fight with the IRS to federal appeals court with $20B on the line
Coca-Cola and the IRS are heading to court with $20 billion on the line amid a…
Housing affordability unlikely to return to more favorable levels of the past, economist says
The affordability of the U.S. housing market may not improve significantly over time for would-be homebuyers,…
California exodus 2.0: How SpaceX, tech IPOs could trigger the next massive wealth flight to Florida
A fresh wave of Silicon Valley wealth could soon flow into South Florida.With OpenAI quietly filing…
Private sector adds 122,000 jobs in May, above expectations, ADP says
Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in…
Inflation rose again in May as elevated energy prices squeeze consumers
Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the…
Income needed to afford a median-priced home has nearly doubled since 2020, report finds
A new report on the U.S. housing sector finds that activity remains subdued through the first…
Kia recalls 6K vehicles due to possible seat belt defect that could raise injury risk
Kia is recalling more than 6,000 vehicles because of a seat belt malfunction that could increase…
Government regulations add nearly $132K to cost of new home, builders say
Government regulations now add roughly $132,000 to the cost of a typical newly built home, according…
Oil prices fluctuate as Trump’s Iran deal could fully reopen Strait of Hormuz
Oil prices fluctuated on Wednesday as investors cautiously await a forthcoming deal to end the war…
5 simple ETFs to buy with $500 and hold for a lifetime
There’s a misconception that people need thousands and thousands of dollars before they can start investing.…
Are you a new stock market investor in June 2026? Here’s Warren Buffett’s advice
Over the past 30 years, the S&P 500 index has generated a total return of 1,770%…
McDonald’s bringing back fried apple pie to celebrate America’s 250th birthday
McDonald’s announced Tuesday that it is bringing back its fried apple pie to celebrate America’s 250th…