US prosecutors charge famed short seller Andrew Left with fraud
The Department of Justice charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme.
Inflation measure closely watched by the Fed rises 2.5% in June
The Federal Reserve's favorite measure of tracking inflation rose 0.1% in June as American families continue to grapple with elevated consumer prices.
High inflation could haunt Kamala Harris in fight against Trump
Voters disgruntled with years of high inflation could blame Vice President Kamala Harris, the likely Democratic nominee, at the ballot box in November.
National Debt Tracker: American taxpayers (you) are now on the hook for $34,969,578,299,467.18 as of 7/25/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Credit card delinquency rates hit worst level since 2012 in new Fed study
A growing number of Americans are struggling to make their credit card payments every month as they continue to battle high inflation and interest rates.
US economy grew faster than expected during the second quarter
Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a 2.8% annualized rate during the second quarter.
Bosses admit that return-to-office mandates were meant to make staff quit
A new survey published by Bamboo HR shows that one-quarter of bosses admitted to implementing return-to-office mandates in order to get workers to quit.
Homebuyers are getting cold feet
A new report published by Redfin shows that a growing number of buyers are backing out of deals to buy a house due to high mortgage rates and steep prices.
Social Security benefits are falling short. The problem could soon get worse
Between 2010 and 2024, benefits have risen by about 58% due to the annual cost-of-living adjustments. The cost of most goods and services purchased by the typical retiree rose 73% during that same period.