Larry Summers offers projection of how high Fed will lift interest rates, says recession could happen
Larry Summers on Monday offered his 'best guess' of how high the Federal Reserve will hike interest rates and said there could potentially be a recession.
Senate’s bipartisan RESTRICT Act would block tech products like TikTok made in adversarial countries
Senators introduced the bipartisan RESTRICT Act that would block technology products from adversarial countries like China and Russia from being available in the U.S.
January Jones slams Hollywood execs for not going back to work post pandemic: 'Come back into the office'
Actress January Jones is calling out Hollywood casting directors for not returning to the office and requiring auditions to be done from home.
Biden could have power to ban Chinese-owned TikTok under new Senate bill
A dozen U.S. Senators introduced a bill on Tuesday that would give President Biden the ability to ban TikTok and other technology platforms owned by foreign adversaries.
How Google became cautious of AI and gave Microsoft an opening
Google researchers quite over two years ago after Google rebuffed their attempts to introduce artificial intelligence over ethics concerns. AI's issues persist.
Higher wages and social security checks led to increase in consumer spending: BofA
Credit and debit card use on BofA brand cards rose 5.1% year-over-year annually compared to 2.2% the month before, the bank said.
White House watching Silvergate in crypto fallout
White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced the shuttering of its exchange network last week.
NYC anti-capitalist protester scales Chase Bank, fails miserably
Anti-capitalism protesters descended on Manhattan Friday – and video captured one scaling up the front of a Chase Bank before taking an epic plunge to the ground.
As customer problems hit a record high, more people seek ‘revenge’
Consumer anger has tripled since 2020, while more angry customers are seeking revenge and running into problems with services, as companies struggle to hire enough employees.
How to pay off $10,000 in credit card debt
If you’re carrying thousands of dollars in credit card debt, learn about these potential solutions.
TikTok ban: Who wins if platform is outlawed to American users?
Meta and Alphabet can win more market share for short-form video content if U.S. lawmakers ban TikTok due to ByteDance app’s relationship to China and threats to national security.
Tyler Perry expressed interest in buying majority stake of BET media group from Paramount Global
Tyler Perry has demonstrated interest in purchasing a majority stake in Black Entertainment Television, BET for short, which is currently controlled by Paramount.
Savings window opens: Today's mortgage rates edge down across all terms | March 7, 2023
Check out the mortgage rates for March 7, 2023, which are down from yesterday.
US challenges Mexico’s plan to phase out imports of corn from GMO seeds
During 2022, Mexico purchased nearly $5 billion worth of corn from the U.S., making it the second largest importer after China. US exports to Mexico are GMO based.
Fed’s rate moves put manufacturing sector at risk
Inflation and a slowdown in international demand threaten US manufacturing base. A looming recession and weaker manufacturing data has experts worried.
FTX: Alameda Research sues Grayscale Investments in effort to recover funds
Bankrupt cryptocurrency exchange FTX announced Monday that its sister company Alameda Research has sued Grayscale Investments to obtain more funds for customers.
Student loan refinance interest rates edge up for both 5- and 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Biden admin proposes new requirements for 'Product of USA' label claim on meat
The Biden administration has rolled out a proposed rule tightening the requirements for allowing meat, poultry or eggs to be labeled as a "Product of the USA."
Home prices could face double-digit drop in these 4 cities, Goldman Sachs warns
Goldman Sachs analysts warned in an analyst note that housing prices could drop by double-digits in four major U.S. cities that became pandemic boom towns.
Couple sues Hawaii tour company for allegedly leaving them stranded in the ocean
A California couple claims they were left behind and stranded in the middle of the open ocean when they were on a snorkeling tour during their honeymoon in Hawaii.


















