Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:50
House to vote on blocking Biden's student loan forgiveness program
The Biden administration's one-time student loan forgiveness program is facing a fresh threat from House Republicans while it awaits a ruling from the Supreme Court about whether the proposal can take effect.
2023-05-24 19:22
Edmunds: Who offers hands-free driving systems for 2023?
Fully autonomous or self-driving cars are the future of transportation, but they’re still a ways away
2023-05-24 18:18
Deutsche Bank and Citi admit anti-competitive activity in UK bond market
Deutsche Bank and Citigroup have admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said Wednesday, as it provisionally found five banks in breach of competition rules.
2023-05-24 17:16
Sustainable till death do us part, and 45 days beyond; mushroom coffin a last best wish for some
For those seeking to live in the most sustainable way, there now is an afterlife too
2023-05-24 16:53
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier to please Beijing.
2023-05-24 15:15
US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK U.S. money market fund assets hit a new record of $5.8 trillion this
2023-05-24 12:18
Company that allegedly sent billions of robocalls sued by 49 attorneys general
On Tuesday, a bipartisan coalition of attorneys general from 48 states and the District of Columbia sued Avid Telecom, alleging that the company is responsible for billions of illegal spam calls posing as government agencies and large corporations.
2023-05-24 06:22
A father and son will go to prison for a $20 million lottery scheme
A Massachusetts father and son were sentenced in federal court on Monday for a scheme that saw the pair illegally claim more than $20 million in lottery winnings and lie on their tax returns to dodge more than $6 million in federal taxes, prosecutors said.
2023-05-24 06:21
The debt ceiling is an awkward place to talk about spending
The debt ceiling snafu, which has the potential to wreck the US economy, is a civics lesson in the bizarrely inefficient way the American government spends your money.
2023-05-24 05:26
Largest US gay rights group issues Florida travel advisory for anti-LGBTQ+ laws
The largest LGBTQ+ rights organization in the U.S. has joined other civil rights organizations in issuing a travel advisory for Florida
2023-05-24 03:52
Netflix to charge an additional $8 month for viewers living outside US subscribers' households
Netflix has outlined how it intends to crack down on the rampant sharing of account passwords in the U.S. It's an attempt to reel in more subscribers to its video streaming service amid a slowdown in growth
2023-05-24 03:22