Only 25% of business economists and professionals believe that this year will see a recession in the US. Furthermore, an external shock, like a dispute involving China, would probably cause any slowdown rather than local economic issues, such rising interest rates.

Feb 12, 2024 09:47 AM EST

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 07:29 AM EST

Former FTX clients have cause to hope they may be able to get their money back as Sam Bankman-Fried, who was found guilty of criminal fraud in connection with the catastrophic collapse of the cryptocurrency exchange in 2022, is ready to be sentenced next month.

Feb 12, 2024 06:46 AM EST

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."

Feb 12, 2024 04:48 AM EST

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.

Feb 12, 2024 12:05 AM EST

Rich people frequently have different retirement demands than average people. Find out how much money is saved by those with high incomes and how to get your savings in order.

Feb 10, 2024 05:08 PM EST

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

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

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 02:10 AM EST

The S&P 500's valuation is rising to all-time highs as it breaks beyond the 5,000 mark for the first time ever and continues to surpass new benchmarks.

Feb 09, 2024 12:27 AM EST

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

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

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

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 06:25 AM EST

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