Looming Debt Crisis Threatens American Way of Life
The public debt of the United States is over $34 trillion, and the country's debt-to-GDP ratio is about 100%. Not quite the boon that the Founding Fathers had originally intended.
Feb 12, 2024 7:29 AM EST
Super Bowl Sunday Snack Attack? Biden Tells Companies to End "Shrinkflation" Trickery
U.S. President Joe Biden urged snack companies to halt shrinkflation, the practice of reducing product sizes while maintaining prices, labeling it as "a rip-off."
Jeff Bezos Dumps $2 Billion in Amazon Stock, Triggers Market Buzz
In a document he submitted to federal regulators, Jeff Bezos disclosed that he had sold around 12 million shares of Amazon stock, valued at over $2 billion.
What is DeFi (And why you should care)
Freshly baked altcoins are solely released on decentralized exchanges (DEXs) like Uniswap. DeFi gives you access to the newest blockchain-based tech ...
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Swedish Death Cleaning: How To Master Your Mind & Level Up
Despite its grim name, this cleansing routine revolves around the question, "Will anyone be happier if I save this?"
Feb 11, 2024 2:11 AM EST
NY Targets Digital Currency Group in Expanded $3 Billion Lawsuit
Letitia James, the attorney general of New York, tripled the amount of the alleged fraud scheme of Digital Currency Group and other cryptocurrency defendants in her complaint on Friday, bringing it to over $3 billion.
Feb 10, 2024 11:02 AM EST
Federal Reserve Resists Rate Cuts Despite Near 2% Inflation: What's Holding Them Back?
Americans are ready for the Federal Reserve to start lowering interest rates and lessening the burden on borrowers, from Wall Street speculators to auto sellers to house purchasers.
Feb 10, 2024 10:26 AM EST
Feds Unveil Huge Reward for Hive Ransomware Info
The U.S. Department of State announced on Thursday that it would provide a reward of up to $10 million for information leading to the identification or location of leaders associated with the Hive ransomware gang.
Feb 09, 2024 2:10 AM EST
Blood Gold: The Mercenaries Plundering Africa to Fuel the Kremlin's War Machine
The RSF has seized and taken control of lucrative artisan gold mines throughout Darfur to further arm and equip its forces.
Feb 08, 2024 5:19 PM EST
The Best Places to Retire in the United States in 2024
Let's find the best state to live in. Here's what our editorial staff believes is best The general message of retirement should be I want to be more than just "okay" after you're done working.
Feb 08, 2024 1:01 PM EST
Did Pfizer Forget How to Make Money Without a Pandemic?
In a few years, a lot can happen in the stock market, and Pfizer is a prime example. By the end of 2021, the COVID-19 vaccine manufacturer was doing well, with its shares trading at about $60. In 2022, it would break the record with an annual revenue of above $100 billion.
Feb 08, 2024 10:50 AM EST
Is Another Banking Crisis Brewing? NYCB Struggles Raise Unnerving Questions
In an attempt to calm nervous investors, struggling lender New York Community Bank has revealed a plethora of financial data during the last 24 hours.
Feb 08, 2024 10:21 AM EST
Millennials & Gen Z Strike Gold: Wealth Up 80% for Under-40s During Pandemic
Many Americans have seen an increase in wealth in the years after the epidemic, owing to a thriving stock market and rising home values. But during the previous five years, workers under 40 did significantly better than other demographic groups.
Feb 08, 2024 10:00 AM EST
Mexico Becomes Top Source of U.S. Imports, Surpassing China
Last year, Mexico overtook China as the country from which the United States imports the most commodities for the first time in over 20 years. T
Feb 08, 2024 6:25 AM EST
10-Year Yield Up 0.15% as Fed, Jobs Report Jolt Treasury Market
The fixed income market is being affected by a reevaluation of the Federal Reserve's timeline for interest rate cuts, which is increasing risk for investors who anticipate that the tremendous rally that sent bonds higher at the end of 2023 will continue this year.
Feb 07, 2024 11:59 PM EST
JPMorgan Overhauls Banking Experience with Expansive Strategy
In an effort to increase its presence in underrepresented regions, JPMorgan Chase announced on Tuesday that it was starting one of its most ambitious bank branch expansions in recent memory, with plans to open more than 500 new branches in the United States by 2027.
Feb 07, 2024 10:22 AM EST