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
Finance
Wall Street Plunges as Fed Holds Rates, Inflation Stays Stubborn
Stocks tumbled Wednesday after the Fed held rates steady, with the Dow suffering its worst day since April 2025. Chair W
Finance
Warsh to Address Nation as Fed Holds Rates Amid Iran War Energy Jitters
Fed Chair Kevin Warsh speaks Wednesday after the central bank held rates at 3.5%-3.75%, the fifth hold amid Iran war ene
Finance
X Money Launches With Visa Debit Card, 6% Yield in Musk's Latest Finance Push
X, formerly Twitter, launched X Money, an invite-only financial service offering a Visa debit card, 6% yield on deposits
Finance
Central Banks Face New Reality as Geopolitical and Demographic Shifts Upend Old Playbook
Central banks must rethink monetary policy as geopolitical fragmentation, demographic shifts, and persistent supply shoc
Finance
Wedding Industry Bubble Nears Burst as Couples Reject Soaring Costs
The traditional wedding has become a luxury purchase pricing out average couples, with Gen Z rejecting the aisle. Indust
Finance
USPS Forever Stamps Hit 82 Cents Sunday as Eighth Hike Since 2021 Takes Effect
Forever stamps climb to 82 cents on Sunday, the eighth increase since 2021. Postcards and international mail also rise,
Finance
U.S. Minted 440,000 New Millionaires in 2025, UBS Report Shows
Over 440,000 Americans joined the millionaire club in 2025, driven by stock gains, but median wealth dropped 20% since 2
Finance
Fed Chair Warsh Plays Down Inflation Threat, Sidesteps Rate Cut Clues
Federal Reserve Chair Kevin Warsh downplayed inflation fears Wednesday, citing falling energy prices, and refused to sig
Finance
July Brings Third 'Bonus' Paycheck for Some Workers This Year
July marks the third triple-payday month of 2025 for some workers. Those paid weekly or bi-weekly should check their las
Finance
Deadline Nears: How Bank of America Customers Can Claim Part of $2.25M ATM Fee Settlement
Bank of America customers who checked balances at 7-Eleven ATMs between 2018 and 2021 may claim part of a $2.25 million
Finance
Limited-Edition July 4th Quarters Enter Circulation as U.S. Mint Marks 250th Anniversary
The U.S. Mint is releasing 250,000 special quarters with a 'July 4th' privy mark to celebrate America's 250th anniversar
Finance
Elon Musk's Trillionaire Status: Market Hype vs. Economic Reality
Elon Musk's trillionaire status reflects investor expectations, not realized wealth. The gap between market value and ec
Finance
Moody's Zandi: Spending Gap Widens as K-Shaped Economy Deepens
Moody's Mark Zandi reports that high earners now drive nearly 60% of personal outlays, widening the K-shaped economy gap
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.