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Home Sales Rise in October, 1st Gain in 3 Years
Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market.
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The Bull Market Has More Runway to Go
With this year's stock market gains so concentrated among the Big Tech companies with huge bets on Artificial Intelligence, markets were extraordinarily volatile before and after the election.
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1 in 4 Americans Struggle to Cover Medical Costs
U.S. healthcare costs are among the world's highest, and 1 in 4 adults with health coverage struggle with high out-of-pocket costs, a new survey shows.The survey - by the Commonwealth Fund, a health-care focused think tank - finds that most people have coverage offered by...
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US Watchdog Issues Rule to Oversee Digital Wallets
Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision, the U.S. Consumer Financial Protection Bureau said.
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Bitcoin Marches Toward $100K on Optimism Over Trump Crypto Plans
Bitcoin's march toward $100,000 gathered pace Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class.
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'Reagan' Film DVD Features Classic American Songs
After a successful box office run in theaters having grossed upward of $30 million since its late October opening, the movie Reagan is set to enter another anticipated distribution window this week with the release of its DVD.
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Lower Turkey Costs Set Table for Cheaper Thanksgiving Feast
Inflation-weary consumers should see the cost of their classic Thanksgiving dinner gobble less of their paychecks this year, largely because Americans are buying less of the meal's centerpiece dish, turkey.
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Dr. Birx: We Need Low-Cost Healthy Food
Former White House COVID-19 response coordinator Dr. Deborah Birx gave Newsmax on Tuesday some suggestions to get local healthy food while also calling for an efforts to bring the cost of food down
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Gold Gains for 3rd Day on Escalating Russia-Ukraine Tensions
Gold prices climbed for a third consecutive session to mark a one-week high Wednesday, as investors sought refuge in the safe-haven metal amid mounting geopolitical unease fueled by escalating Russia-Ukraine tensions.
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Black Friday Splurges? Try Boring Basics
Stung by inflation, 62% of Americans plan to shop for basic essentials, including food, on this year's Black Friday and Cyber Monday, according to CouponFollow.
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Commerce Secretary Aims to Spend $50 Billion Before Trump Takes Office
Outgoing Commerce Secretary Gina Raimondo is hoping to commit $50 billion in its microchip-subsidy program before President-elect Donald Trump returns to the White House in January, Politico reported.
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PIMCO Bullish on Stocks on US Soft Landing Hopes
An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO to favor stocks and some other risk assets, while seeking protection against inflation as the new U.S. government could implement policies that put upward pressure on prices.
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Bitcoin Rises Above $94,000 for the First Time
Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt boosted expectations of a crypto-friendly regime under his incoming administration.
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Single-Family Housing Starts Slump Amid High Mortgages
U.S. single-family homebuilding tumbled in October likely as Hurricanes Helene and Milton depressed activity in the South while permits rose slightly, indicating that an anticipated rebound probably would be muted by higher mortgage rates.
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Trump Taps Dr. Oz to Head Medicare/Medicaid
President-elect Donald Trump on Tuesday nominated Dr. Mehmet Oz to serve as Centers for Medicare and Medicaid Services (CMS) Administrator in his next administration. "America is facing a Healthcare Crisis, and there may be no Physician more qualified and capable than Dr. Oz ...
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Reuters Poll: Americans Want Trump to Focus on Inflation in 1st 100 Days
Americans see inflation as the leading issue President-elect Donald Trump should tackle during his first 100 days in office, according to a Reuters/Ipsos published Tuesday.
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My Big Tech Trade for 2025: Buy Meta, Sell Apple
If you could pass just one investing lesson to your kids, what would it be? For me, it would be this: own the disruptors, avoid the disrupted.
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Chase Begins Prosecutions Over 'Banking Glitch'
Imagine waking up one day to find out that a "glitch" your friend reposted on TikTok could land you in serious legal trouble? That's exactly what happened to untold thousands of social media users who thought they found an easy way to get cash.
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Paul Tudor Jones: I Won't Own Fixed Income
Paul Tudor Jones recently voiced concerns that rising U.S. deficits and debt and increasing interest rates could lead to a fiscal crisis. His perspective reflects the long-standing fear that sustained borrowing will trigger inflation, raise interest rates, and eventually...
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Goldman Forecasts S&P Target of 6,500 for 2025-End
Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley, on the back of continued growth in the U.S. economy and corporate earnings.
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Americans' Financial Fears Grow
Americans from all walks of life today are struggling to maintain their standard of living as inflation continues to eat away at the purchasing power of our dollar, making everything less affordable.
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NYC Approves Nation's First-Ever Congestion Toll
New York City's Metropolitan Transportation Authority voted Monday to implement a $9 congestion mitigation charge for driving in Manhattan starting on Jan. 5, a move aimed at raising billions for mass transit and cutting traffic.
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2025 Mazda CX70 Premium Plus Review
The 2025 Mazda CX-70 PHEV Premium Plus exemplifies Mazda's commitment to blending efficiency, luxury, and driving enjoyment into a single SUV package.
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Grocers Offer Thanksgiving Dinner Deals
With Thanksgiving less than two weeks away, Walmart, Target, Aldi and other grocers are competing for a place on holiday tables with turkey dinner deals and other promotions to tempt Americans who haven't recovered from recent food price inflation.
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20% Get News From Social Media Influencers: Pew Research
About one in five Americans - and a virtually identical share of Republicans and Democrats - regularly get their news from digital influencers who are more likely to be found on the social media platform X, according to a report released Monday by Pew Research.