More Americans turning to credit cards to cover basic expenses as inflation rages
Credit card usage to pay for basic expenses rose among households in December as stubbornly high inflation erodes Americans' savings and purchasing power.
Dow makes big move on Friday as tech stocks lift Nasdaq
Stocks rallied on Friday as the Dow Jones Industrial Average jumped over 700 points during trading as sluggish technology stocks boosted the Nasdaq Composite and U.S. Tech 100.
Bed Bath & Beyond bankruptcy could happen ‘this month’
Bed Bath & Beyond is expected to file bankruptcy in early 2023 amid slumping sales and weakening demand
Courts allow Texas natural gas project to proceed
A ruling by a panel of the 5th Circuit Court of Appeals in New Orleans, which upheld permits for a south Texas natural gas pipeline, dealt a serious blow to environmental activists.
US job growth cools slightly in December as economy adds 223,000 new positions
The Labor Department's December jobs report provided a key snapshot of the labor market's health amid growing fears the U.S. is headed for a recession.
Southwest Airlines says holiday cancellations could amount to $825M loss
Southwest Airlines expects to rack up a significant loss, as much as $825 million, from the operational meltdown that led to nearly 17,000 flight cancellations.
Today’s best mortgage deal? Steady 15-year rates are the lowest available at 6.5% | Jan. 6, 2023
Check out the mortgage rates for Jan. 6, 2023, which are mixed from yesterday.
Biden administration unveils defense of student loan forgiveness plan at Supreme Court
The Biden administration launched its defense of its student loan forgiveness plan before the Supreme Court. Here’s how to lower your student loan monthly payments.
Harsh warning on US real estate market issued: 'America needs more housing'
Real estate expert Brian Lewis breaks down the current state of the U.S. housing market as Americans continue to suffer from a housing shortage.
Today’s 20-year mortgage rates hold steady at 6.5% | Jan. 5, 2023
Check out the mortgage rates for Jan. 5, 2023, which are largely up from yesterday.
Trader Joe’s facing lawsuit over lead, cadmium levels in dark chocolate: report
A consumer has filed a lawsuit against Trader Joe's, claiming the California-based mislead shoppers on the level of lead and cadmium in its dark chocolate products.
Cruise industry poised to make strong comeback in 2023
More than 50% of U.S. adults say that they are just as likely or more likely to consider taking a cruise this year as they were during pre-pandemic days, according to AAA.
Still time to save: 5-year fixed personal loan rates continue trending down
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Mortgage rates tick higher as applications plummet
The average rate for a 30-year fixed-rate mortgage inched up for the second week in a row to 6.48% as mortgage applications plummeted Freddie Mac reported Thursday
Online holiday spending reaches record $211B, Adobe says
Online holiday shoppers spent just over $211 billion during the holiday season which spans from the beginning of November to Dec. 31, according to Adobe Analytics.
Most businesses expect 2023 recession: JPMorgan survey
A majority of small and midsize businesses in the U.S. told JP Morgan Chase in a recent survey they expect a recession this year as inflation continues to rage.
Hyundai, Kia owners face threat of theft due to social media challenge
Police say the rise in theft of Hyundais and Kias is due to a social media challenge. Over 15 lawsuits have been filed against Hyundai and Kia arguing they are too easy to steal.
NASA awards ADNET Systems $468M contract
NASA has awarded ADNET Systems, Inc., of Maryland its fourth consecutive contract providing research at Goddard Space Flight Center in Greenbelt, Maryland.
Five-year variable private student loan rates fall 1.2 percentage points from last week
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Fed officials expect to keep interest rates elevated for 'some time,' minutes show
Minutes from the Federal Reserve's December meeting show that policymakers expect to continue raising rates in 2023 – and keep them elevated for "some time."


















