Finance
Alan Greenspan, Architect of Modern Fed, Dies at 100
Alan Greenspan, the longest-serving Federal Reserve chair of the modern era, died Monday at 100. His wife, Andrea Mitche
Finance
Fertilizer Costs Surge 40% Amid Iran War, Threatening Global Food Prices
Fertilizer prices have surged 40% since the start of the Iran War, threatening to raise grocery bills across the board.
Finance
DC Bar's World Cup Promotion Hedged with Kalshi Bet on US Win Margin
TallBoy bar in D.C. covers customer tabs for US World Cup wins by hedging with Kalshi prediction market bets, a tactic g
Finance
Warsh’s First Fed Meeting Ends with Rate Hold, but Inflation and Trump Pressure Mount
The Federal Reserve held rates steady at Kevin Warsh's first meeting, but inflation at a three-year high and Trump's dem
Finance
AI-Driven Market Rally Echoes Dot-Com Risks as Analysts Warn of Bubble
A growing number of analysts warn that the AI-driven stock market rally has evolved into a speculative bubble, with risk
Finance
Fox Corp. Acquires Roku in $22B Deal to Dominate Streaming TV Market
Fox Corp. announced a $22 billion acquisition of Roku, merging its live news and sports content with Roku's streaming pl
Finance
Visa Integrates Payment Network into ChatGPT for AI-Led Purchases
Visa has integrated its payment network into ChatGPT, allowing AI agents to independently shop and complete transactions
Finance
May Inflation Surge: 7 Items Hit Hardest as Prices Spike 4.2%
Inflation hit 4.2% in May, the highest in three years, driven by energy costs and the Iran conflict. Seven items, from f
Finance
SpaceX IPO Opens Door to Small Investors, But Risks Abound
SpaceX is aiming for a blockbuster IPO that reserves a large portion of shares for everyday investors, but the company's
Finance
Costco Cuts Prices on Key Items Amid Persistent Inflation Pressures
Costco has lowered prices on several top-selling items, bucking the trend of rising costs fueled by high gas prices and
Finance
Record Number of $2 Bills in Circulation, but None This Year
The U.S. has paused printing $2 bills for the first time in years, despite a record 1.8 billion in circulation. Collecto
Finance
US Debt Market Strains: High Treasury Yields, Foreign Pullback, and Fiscal Risks
Treasury yields hit 2007 highs as foreign holders sell US debt, Japan and China reduce holdings, and the deficit exceeds
Finance
Why Renting Beats Buying: The Data That Debunks the Homeownership Myth
Decades of data reveal that renting and investing consistently beats homeownership in most U.S. markets, challenging the
Finance
Second Wave of Facebook Privacy Payouts: $100 Million Distributed to 15.7M Users
Starting June 9, 15.7 million Facebook users who cashed their first settlement check will receive a second payment from
Finance
11 Class Action Settlements: Check If You're Owed Cash
Class action settlements from Amazon, Bank of America, and others are distributing funds. Check eligibility and deadline
Finance
Credit Card Delinquencies Hit Highest Level Since 2011 as 13.1% of Balances Over 90 Days Late
Serious credit card delinquency hit 13.1% in Q1, the highest since 2011, as rising interest rates and inflation squeeze
Finance
Treasury Launches Trump Accounts App for Children's Investment Program
The Treasury Department launched a mobile app for Trump Accounts, tax-free investment accounts for children. Parents can
Finance
SpaceX, OpenAI, Anthropic Race to Public Markets in AI Funding Push
SpaceX, OpenAI, and Anthropic are racing to go public, seeking billions to fund AI infrastructure. SpaceX's IPO filing r