U.S. Economy
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Business
Credit card losses are rising at the fastest pace since the Great Financial Crisis
Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in…
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Business
Steve Forbes says the Fed’s not going to cut rates soon
Steve Forbes doesn’t expect the Federal Reserve to raise rates in upcoming meetings, but the Forbes Media chairman doesn’t see…
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Business
Elon Musk ripped for disrupting Ukraine attack on Russian navy
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva…
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Business
Homeowners say 5% is the magic number
After bottoming out below 3% in January 2021, the average rate for a 30-year, fixed-rate mortgage now sits above 7%…
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Business
Household debt is at an all-time high, but 2008 was still worse
Violetastoimenova | E+ | Getty Images By some measures, Americans have never been more in the red. In the second…
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Business
Putin says Prigozhin ‘made serious mistakes’ in first remarks
Yevgeny Prigozhin, owner of the Wagner Group military company, arrives during a funeral ceremony at the Troyekurovskoye Cemetery in Moscow,…
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Business
S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images S&P Global on…
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Business
Hawaii wildfire death toll rises to 55, Lahaina ‘reduced to ashes’
A wildfire burns in Kihei, Hawaii late Wednesday, Aug. 9, 2023. Thousands of residents raced to escape homes on Maui…
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Business
U.S. announces Taiwan weapons package worth up to $345 million
Military vehicles queue to launch U.S.-made TOW A2 missiles during a live firing exercise in Pingtung county on July 2023.…
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Business
Patients may wait years for new drugs
Juanmonino | E+ | Getty Images Seniors with early Alzheimer’s disease will face major hurdles to get treated even if…
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