The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal…
Category: Finance
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions
Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil…
Why Gen Z is saying ‘no’ more often – and saving more money
Despite rising housing costs, Generation Z is saving more and relying less on financial help from…
5 cities that nail the retirement sweet spot
Americans retiring in 2026 may want to consider these five cities where cost of living, housing…
ChatGPT boom fuels a luxury housing frenzy in Bay Area
AI-driven wealth is fueling a luxury real estate surge in the Bay Area, with high-end home…
US national debt surpasses size of the economy for first time since World War II
The U.S. national debt held by the public has surpassed the size of the economy for…
Disney reportedly shelves ESPN spinoff talks in major call under new CEO
The Walt Disney Company is addressing growing ESPN spinoff speculation as CEO Josh D’Amaro makes one…
Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk
Tesla is recalling more than 218,000 vehicles due to delayed rearview camera images that could increase…
Walmart cutting or relocating about 1,000 corporate jobs
Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and…
Chevron CEO says economies ‘are going to have to slow’ as Strait of Hormuz closure disrupts oil supply
Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure…
Trump readies for Beijing summit with Xi as AI chip sales, farm goods top agenda
President Trump travels to China for a summit with Xi Jinping as trade tensions, AI chip…
Trump readies for Beijing summit with Xi as AI chip sales, farm goods top agenda
President Trump travels to China for a summit with Xi Jinping as trade tensions, AI chip…
Disney cruise canceled after boarding leaves passengers waiting hours and questioning response
Passengers say Disney Adventure's Singapore sailing was canceled after boarding due to technical issues, with families…
Americans lean on credit cards and buy now, pay later as gas prices eat bigger share of income
Rising gas prices push lower-income consumers to rely more on credit as fuel costs climb to…
AAA national average gas price soars about 33 cents in a week
The AAA national average price for regular gas jumped more than nine cents higher in just…
US economy added 115,000 jobs in April, beating expectations
The U.S. economy added jobs at a modest pace last month according to the Labor Department's…
FedEx, UPS pledge to refund customers after Supreme Court tariff decision
FedEx and UPS plan to pass tariff refunds back to customers after a Supreme Court ruling…
American Airlines CEO says merger with United would be ‘bad for customers’
American Airlines CEO Robert Isom rejected a potential United Airlines merger as anti-competitive and bad for…
Two cities named Springfield are dominating America’s hottest housing markets for different reasons
Smaller cities like Springfield, Massachusetts, and Springfield, Illinois, are drawing U.S. homebuyers away from overpriced metros…