Biden’s student loan handout cost $426 billion, boosted 2022 budget deficit to $1.4 trillion: CBO
Biden's student loan handout cost the government $426 billion in fiscal year 2022 and boosted the budget deficit to $1.4 trillion in fiscal year 2022, according to CBO.
Chinese company's 'flying car' lifts off for first time in Dubai
China's XPENG AEROHT conducts the first public flight of its electric 'flying car'
Fashion company Natori announces shift to livestreaming, content creation to market products
Natori President Ken Natori discusses transforming the website from a shopping destination to a content destination on 'Mornings with Maria.'
Investors, markets will see 'more pain' this week: Marc Lopresti
BattleFin founder and chief market strategist Marc Lopresti says economic data this week will show the U.S. economy is 'not out of the woods.'
Here are Tuesday's winning Mega Millions numbers
There was no winner in Tuesday night's Mega Millions drawing. Friday's jackpot will be an estimated of $494 million. The cash option would be $248.7 million.
Florida CEO in storm of controversy after telling staff to report to office as Hurricane Ian approached land
PostcardMania CEO Joy Mendusa found herself in a storm of controversy after she encouraged employees to come to work even as Hurricane Ian barreled toward the Florida coast.
Kevin Bacon says he's recovered 'a portion' of money from Bernie Madoff’s infamous Ponzi scheme
"Footloose" star Kevin Bacon shared that he and his family recovered "a portion" of the money lost in the Bernie Madoff Ponzi scheme that was worth billions.
Two men charged in $100M New Jersey deli scheme plead not guilty
Peter Coker Sr. and James Patten have been charged in a 12-count indictment with conspiracy to commit securities fraud, securities fraud, and conspiracy to manipulate securities prices.
Peloton co-founder John Foley faced Goldman Sachs margin calls as stock sank: WSJ
Foley pledged about 3.5 million Peloton shares as collateral as of the end of September 2021, or about 20% of his stake at the time, according to the Wall Street Journal.
Honda announces new $4.4B Ohio battery plant
Honda Motor Co. and LG Energy Solution announced on Tuesday that the two companies will build a new $4.4 billion battery plant in Fayette County, Ohio.
Mega Millions, Powerball jackpots top $400M
The Mega Millions jackpot is estimated at $445 million ahead of a Tuesday drawing while the Powerball jackpot has surged to $420 million before a Wednesday drawing.
California's drought adds to food inflation with tomatoes, onions, garlic hit
California's ongoing drought is expected to impact the prices of key crops like tomatoes and onions, driving food inflation even higher for consumers.
Delta, electric air taxi company Joby Aviation team up on home-to-airport service
Delta has made an upfront equity investment of $60 million in Joby with the opportunity to expand that to $200 million as the companies work towards launching the service.
Market expert predicts US enters a recession in next 12 to 18 months
Cornerstone Wealth chief investment officer Cliff Hodge says company guidance and hiring plans will be 'key' this quarter.
Fed vice chair talks inflation, hotels hit by crime wave and more: Tuesday's 5 things to know
On Tuesday, traders will be watching as some big names – including Pepsi, Citigroup, Wells Fargo and Delta Airlines – are set to announce 3Q earnings later in the week.
Amazon to invest $972M for electric vans, trucks in Europe
Amazon, in order to stay on track to meet it's Climate Pledge, will work with Rivian to triple it's fleet of electric delivery vans in Europe by 2025.
Hulu raises subscription prices
Under the planned hike that was disclosed in August, ad-supported Hulu will now cost $7.99 per month while Hulu without ads will cost $14.99 per month.
Retailers offer early holiday deals as Americans feel inflation squeeze
Smart shopping expert Trae Bodge advises consumers to 'be cautious' and do their research to find the best prices.
Dunkin' drinkers in uproar after coffee giant changes rewards program
Dunkin' Donuts loyalists are in uproar after the company changed its rewards program. They say drinks cost more and there are no more free birthday drinks.
Marriott, Hilton latest companies hit by US crime wave
Hotels, including Marriott and the Hampton Inn, appear to be getting caught in the United States' rising crime wave this year, with shootings recently happening at two locations.