Consumer spending softens. Is this a sign of a weakening economy?
The numbers: Consumer spending rose a mild 0.2% in October in potentially another sign of a long-predicted slowdown in the...
6 ways affordable or accessible housing for older adults is being created in the U.S.
Long-term care costs, social isolation, dementia and financial insecurity are all notable problems facing many older Americans. But perhaps their...
Japan’s Sumitomo Mitsui Financial Group CEO dies at 65
TOKYO (Reuters) -Sumitomo Mitsui Financial Group (SMFG) on Monday said group CEO Jun Ohta died on Nov. 25 aged 65...
Homebuying demand dries up even as mortgage rates drop: Freddie Mac
Mortgage rates continued their steady decline as the 30-year mortgage slipped to nearly 7%, but buyers are feeling less enthusiastic,...
Biden administration’s push to forgive student loan debt is almost ‘un-American’: Kevin O’Leary
President Biden’s decision to cancel student loan debt is once again under fire, causing one popular investor to label the...
US Steel announces plans to lay off hundreds at southern Illinois mill
U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill this week, saying they expect to...
The Fed’s higher-for-longer strategy on interest rates is slowly crumbling. Welcome to higher-for-long-enough.
Investors are feeling bullish that the Federal Reserve will begin to cut interest rates in the first half of next...
BTC Surges, Outshining Gold in 2023 Rally
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite...
Classic ’60-40′ mix of stocks and bonds surges in November, heads for best performance since 2020, Bespoke finds
A traditional mix of stocks and bonds soared in November, setting the 60-40 portfolio up for its strongest monthly performance...
‘Grand Theft Auto VI’ trailer debuts, with videogame’s release set for 2025
Rockstar Games released the first trailer for the highly anticipated “Grand Theft Auto VI” on Monday following a leak, confirming...
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