Looming debt ceiling showdown risks triggering 'self-inflicted' recession for US economy
If Congress fails to raise the roughly $31.4 trillion federal debt limit by June, it could trigger a "self-inflicted" recession and "severe" market pain.
Why biotech is poised for a recovery this year
Fresh data showing inflation eased in December means the Federal Reserve may start slowing down its rate increases, with traders actually pricing in a cut later this year.
Decade-high credit card, personal loan delinquency rates coming in 2023: TransUnion
TransUnion forecasted serious credit card and personal loan delinquencies will rise in 2023. Here's how you can pay down debt.
Goldman Sachs shares sink after brutal quarter
Investors are selling shares of Goldman Sachs after the bank reported a drop in quarterly profits.
Scientists have reversed the aging process in mice: Are humans next?
Johns Hopkins' Dr. Marty Makary says it may sound like "pie in the sky," but the aging process may be reversible after new findings from Harvard scientists.
Student loan refinance interest rates edge down for 5-year variable-rate loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Personal loan interest rates edge down for 3- and 5-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Morgan Stanley profit beats on strength in wealth, trading units
Trading has been a surprise bright spot for Morgan Stanley, with the unit's revenue jumping 26% to $3.02 billion in the fourth quarter, as clients look to hedge against market risks.
Fidelity pledges $250 million in college education push
Fidelity is pledging $250 million as part of an effort to give Black, Latino and historically underserved students access to post-secondary education and support.
Fund managers most underweight on US stocks since 2005: Bank of America survey
Investors' allocation to U.S. stocks tumbled in January to the lowest level since 2005, according to a new Bank of America survey published on Tuesday.
Disney pushes back on Nelson Peltz
Disney is taking off the gloves in its battle with activist Nelson Peltz, who says the media giant needs to restore its magic.
Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023
Check out the mortgage rates for Jan. 17, 2023, which are up from last Friday.
Brutal year for bitcoin and almost $3B in crypto hacks marked 2022: report
Bitcoin is up over 25% in the past two weeks after dropping 64% in 2022, though questions remain about whether the virtual currency can find long-term support at those levels.
Social Security benefits can be taken to pay student loans in default
Up to 15% of a person’s Social Security benefits can be garnished to pay student loans in default.
Central-bank digital currencies are coming—whether countries are ready or not
Central-bank digital currencies could lead to big changes in the most basic activity of any banking system: making and distributing money.
Global recession likely, say 63% of chief economists in WEF survey
Many chief economists had somber predictions about whether the global economy would fall into a recession in 2023, according to a World Economic Forum survey.
TikTok offers more transparency to avoid sweeping US ban: report
Chinese-owned video-sharing app TikTok is reportedly offering U.S. officials oversight of its algorithms, a major concession as the company seeks to avert a ban.
Founders of bankrupt Three Arrows Capital plan trading platform for distressed crypto debt
Su Zhu, co-founder of Three Arrows Capital, now bankrupt hopes to raise $25 million in seed money for an exchange to handle FTX's and others' distressed crypto assets.
US job openings are historically high and there’s no ‘quick fix,’ expert warns
The divergence between U.S. job openings and unemployment could create volatility across the economy, Cato Institute director of general economics Scott Lincicome argues.
Florida real estate bombshell could destroy a lot of wallets
Will Florida's newly-passed condo reserves law help save lives or bring pain to homeowners' wallets? Market experts Joe Pinion and Mitch Roschelle weigh in.



















