Finance
Fed Rate Hike Odds Rise as Inflation Holds Steady Amid Iran Conflict
Fresh inflation data shows prices stuck above the Fed's target, making a rate hike next week increasingly likely even as
Finance
Mortgage Rates Hit 14-Month Peak as Treasury Yields Surge
The 30-year mortgage rate climbed to 6.76%, its highest in 14 months, as Treasury yields continue to rise. Existing home
Finance
Costco's Expansion Surge: 14 New Warehouses Set to Open by November
Costco is accelerating its expansion with 14 new warehouses slated to open by November, spanning the U.S. and Canada, as
Finance
August Jobs Surge to 162K, Easing Recession Fears Amid Fed Rate Debate
The U.S. added 162,000 jobs in August, far exceeding the 53,000 expected, with unemployment steady at 4.1%. The strong r
Finance
Singles Expect Partners to Earn Six Figures, Study Shows
A new study finds single Americans expect romantic partners to earn an average of $139,000 annually, with women expectin
Finance
Book Holiday Flights Now to Beat Price Surge, Expert Advises
As the holiday season approaches, travel experts recommend booking flights now to avoid price hikes and limited availabi
Finance
Rare 1894-S Barber Dime Could Fetch $1.5M at Auction: How to Spot One
A 1894-S Barber dime, one of nine known to exist, could sell for $1.5 million at auction. Here's how to check if your ol
Finance
Warsh's Jackson Hole Address Tests Fed Communication Amid Market Stress
Federal Reserve Chair Kevin Warsh delivers a pivotal speech at Jackson Hole amid sticky inflation and bond market jitter
Finance
Fed's Key Inflation Measure Stays at 3.7% in July, Signaling Sticky Prices
The Fed's preferred inflation measure remained at 3.7% in July, matching June's pace, with core at 3.3%, as policymakers
Finance
Bessent's Bond Buyback Fails to Calm Markets as 30-Year Yield Surges
Treasury Secretary Bessent's bond buyback failed to stem a surge in 30-year yields, which hit a 19-year high amid record
Finance
Treasury doubles bond buyback as 30-year yield hits 19-year high
With 30-year yields at their highest since 2007, the Treasury doubles its bond buyback cap to $4B, a move critics call a
Finance
State Farm Auto Policyholders to Receive Record $5B in Dividends
State Farm is sending a record $5 billion in dividends to eligible auto policyholders, with payments starting at $10 and
Finance
Gen Z's Crypto Faith Contrasts with Boomer Banking Loyalty
A new survey shows Gen Z and millennials are far more confident in crypto than older generations, with Gen Z also starti
Finance
Powerball's $1B jackpot shrinks to under $600M in 31 states after taxes
Powerball's $1 billion jackpot, the eighth largest ever, would shrink to under $600 million after taxes in 31 states. Wi
Finance
Powerball Hits $1B: Annuity vs. Cash Lump Sum Explained
Powerball's jackpot has hit $1 billion. Winners must choose between an annuity paid over 30 years or a cash lump sum. He
Finance
Gallup: 73% of Americans Distrust AI for Financial Guidance
Only 27% of Americans trust AI for financial guidance, according to a new Edward Jones-Gallup poll, placing it just abov
Finance
Hyperscalers' Debt Surge Raises Credit Risk as AI Spending Soars
Hyperscalers like Google, Meta, Microsoft, and Amazon are taking on massive debt for AI infrastructure, with bond issuan
Finance
Warsh Faces Crucial Test: Can He Deliver on Fed's Inflation Vow?
New Fed Chair Kevin Warsh has declared zero tolerance for persistently high inflation. The real question is whether he w