Consumer sentiment rose to 54 in the University of Michigan's latest survey, exceeding economists' expectations despite…
Tag: Cryptocurrency
Affirm to offer buy now, pay later option for rent payments
Affirm partners with Esusu to pilot zero-fee rent payment splitting program, allowing renters to pay monthly…
Washington’s proposed millionaire tax sparks concerns of broader levy, ‘damage’ to state’s economy
Washington state GOP Chair Jim Walsh opposes the proposed millionaire tax, saying "nobody wants it" and…
Americans’ paychecks grow stronger as Main Street shows new economic strength
New economic data reveals Main Street strength as Americans see higher pay, while retail sales rose…
13K pounds of ready-to-eat grilled chicken breasts recalled over possible listeria contamination
More than 13,000 pounds of grilled chicken breasts distributed to seven states were recalled over concerns…
AI raises average wages by 21% and substantially reduces’ wage inequality, researchers find
Artificial intelligence "substantially reduces wage inequality while raising average wages by 21 percent," a new working…
Sports mogul Stan Kroenke becomes America’s biggest private landowner in massive secret deal
Billionaire Stan Kroenke quietly completed America's largest land purchase in more than a decade, buying 937,000…
New tax deduction could put more money back in seniors’ pockets this year
Seniors could keep more money with new tax break phasing in for 2025 returns. The extra…
Rick Rieder discusses Fed profitability, monetary policy stability during interview for chair role
BlackRock's Rick Rieder discussed monetary policy stability and U.S. debt dynamics during an interview for the…
Mortgage rates fall to lowest level since 2022
The average rate on a 30-year fixed mortgage fell this week to 6.06%, according to the…
Patriotic Trump Jr.-backed firm sees assets soar, rolls out real estate fund
1789 Capital invests in Elon Musk's SpaceX, Palmer Luckey's Anduril defense tech, and AI company Groq…
Housing expert warns pre-pandemic affordability levels may never return in America
New data shows that housing market "normalization" may never happen, as one expert says America's housing…
Beef prices soar as American families pay steep prices for steaks and burgers nationwide
Beef prices surged 16.4% annually in the December inflation data as households pay more for steaks…
K-Cup billionaire sells Palm Beach waterfront mansion for just over $66M after steep price cut
K-Cup billionaire Robert Stiller sold his Palm Beach mansion for $66.14 million after buying it for…
Global central bank leaders back Fed Chair Powell amid federal investigation
Global central bank leaders rallied behind Fed Chair Jerome Powell as he faces criminal investigation from…
Inflation held steady in December, remaining well above the Fed’s 2% target
The Bureau of Labor Statistics released CPI inflation data which showed that consumer prices rose at…
Former Fed chairs, Treasury secretaries defend Jerome Powell amid Trump DOJ’s criminal probe
A group of former Federal Reserve chairs and ex-Treasury secretaries from both administrations of both parties…
December inflation data will be ‘extremely muddy’ economists warn
Economists expect the December CPI inflation report to show price growth remained elevated and cautioned it…
US economy added 50K jobs in December as unemployment rate declines
The Labor Department released the December jobs report, which showed the U.S. economy added jobs at…
Recall of cheese products upgraded to highest danger level over Listeria-causing bacteria: FDA
The FDA announced that a recall of cheese products has been upgraded to the most serious…
Credit scores plummet across multiple states creating ‘perfect storm’ for American wallets, expert says
Some states are seeing major credit score declines, but recovery is possible with the right strategies.…
Larry Page drops $173M on Miami mansions amid California billionaire exodus trend as wealth tax looms
Google co-founder Larry Page reportedly spent $173.4 million on two Miami waterfront homes, solidifying his California…