National Debt Tracker: American taxpayers (you) are now on the hook for $35,777,371,535,343.63 as of 10/24/24
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.
Machinists union rejects Boeing contract offer, extending strike
The International Association of Machinists and Aerospace Workers, representing 33,000 striking machinists at Boeing, voted to reject the aerospace giant's latest contract offer, extending a strike that has halted key Boeing production lines.
Amazon Alexa's pro-Harris responses weren't pre-programmed: source
Amazon's Alexa virtual assistant sparked controversy last month when it provided reasons to vote for Vice President Kamala Harris, which occurred because an override hadn't been put in place.
Trump can bring down inflation: John Paulson
Billionaire hedge fund manager and Trump fundraiser John Paulson said that former President Trump's economic plan would help lower inflation in part by curbing excess spending.
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
Apple and Goldman Sachs are being ordered by the Consumer Financial Protection Bureau to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
Boeing CEO says 'trust in our company has eroded,' calls for 'fundamental culture change'
Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.
Yellen touts IRS enforcement as helping close the budget deficit
Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by addressing the tax gap with respect to unpaid tax debts.
IRS sets new tax brackets, raises standard deduction for 2025
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.
Researchers say Arkansas may have 19M tons of lithium critical for battery power
A new study by the U.S. Geological Survey found massive lithium reserves in southwestern Arkansas that could have between 5 million and 19 million tons of lithium.