Economy - Page 51

Delinquency rates among American credit card holders are at an all-time high, according to a Federal Reserve Bank of Philadelphia report.

Rapper 50 Cent’s iconic name has once again been used for a political pun … this time from rapper and outspoken Trump supporter Lil Pump. 

On Wednesday’s broadcast of MSNBC’s “Morning Joe,” Biden Campaign Co-Chair Rep. James Clyburn (D-SC) stated that “401(k)s are not about people’s everyday lives.” And “we’ve got to get” people “to see…that inflation today is about 40% of what it was

California state workers are being ordered to return to the office, according to a memo sent from the office of Democrat Gov. Gavin Newsom.

Students  submitted more than 22 million papers last year that were likely written by AI tools, according to new data published by Turnitin, a software service that checks papers for plagiarism.

The victory over inflation that the Biden administration and many on Wall Street were eager to celebrate last year now seems to have been, well, transitory.

The latest oil price-tracking data suggests Russian crude oil is selling far above price caps imposed by the G7 nations in 2022.

Tennessee families are spending $922 per month “just to tread water” in President Joe Biden’s economy, Sen. Marsha Blackburn (R-TN) said.

ByteDance, the Chinese parent company of massively popular psyop against western teenagers TikTok, has achieved a massive 60 percent increase in profits for 2023, outpacing Chinese competitors like gaming giant Tencent.

President Joe Biden’s former chief of staff Ron Klain complained during a recent event that the president was too focused on taking victory laps on infrastructure projects and not doing enough to address voters’ immediate concerns, such as the price of groceries, according to a report.

Haircare costs increased since 2023 under President Joe Biden, March CPI numbers revealed on Wednesday.

Tesla CEO Elon Musk has made a bold prediction about the future of artificial intelligence, claiming that AI will be “smarter than the smartest human” within the next two years. 

Tesla owners reportedly waited hours to charge their vehicles after Monday’s total solar eclipse. The long lines at charging stations are like salt in the wound of EV owners who are forced to wait as their cars charge enough to reach home — a major concern when major traffic days can cause long delays.

Prices of dental care, eye care, and personal care have increased since 2023, March Consumer Price Index (CPI) data revealed Wednesday.

The prices of auto repair, auto insurance, and parking have surged since 2023, according to March Consumer Price Index (CPI) data.

Pet and veterinary service prices have spiked dramatically since 2023, according to March Consumer Price Index (CPI) data released Wednesday.

The costs of daycare and school have soared to nearly five percent since 2023, March Consumer Price Index (CPI) data shows.

Inflation under Joe Biden has sent the costs of maintaining a household soaring. Rent, electricity, and garbage collection prices are all up.

The Federal Trade Commission (FTC) has awarded prizes to four organizations for developing technologies that can distinguish between authentic human speech and audio generated by AI, as concerns grow over the influence of deepfakes on elections and consumer scams.

A new trend on China’s TikTok called “Things I’m ashamed to admit” involves the platform’s young users engaging in an egregious amount of oversharing on social media under the guise of dispelling the notion that people are living perfect lives.

The worse than expected inflation likely dashes hopes for a rate cut in June.

During an interview with Univision that took place on March 20 and was released on Tuesday, President Joe Biden responded to a question on what he would say to people who don’t feel economic growth or job creation in their

On Tuesday’s broadcast of CNBC’s “Squawk Box,” White House National Economic Council Director Lael Brainard responded to a question on real wages declining over the last three-and-a-half years by stating that “it is difficult for American consumers,” but “people actually

There’s a specter haunting Wall Street. The specter of resurgent inflation.

The nationwide average price for regular gas hit a reported six-month high of $3.60 a gallon on Tuesday, spiking more than 50 percent under President Joe Biden.

Elon Musk’s long-awaited Tesla Cybertrucks have been met with a wave of complaints from frustrated owners, who report numerous malfunctions and quality issues just months after the vehicle’s launch. One owner reported a complete failure after driving the EV for just one mile.

The latest polling from Gallup shows that public support for transitioning to an electric vehicle (EV) has dropped by quite a lot since 2023.

Chicago’s self-professed progressive Mayor Brandon Johnson is pushing the Biden administration to cut loose with more work permits for the tens of thousands of illegals sheltering in the city even as local black unemployment soars to many times the national average.

Inflation is once again the top worry of small business owners.

Latino support for President Joe Biden shrunk over his tenure by 12 points, while former President Donald Trump surged among Latinos by three points during the same period, an Axios/Ipsos poll found.

Tesla has reportedly settled a lawsuit filed by the family of an Apple engineer who died in a 2018 crash involving the company’s controversial Autopilot technology, according to court filings on Monday.

The State of Israel is encouraging investors to stop investing in Turkey, asking consumers to stop buying Turkish products, and urging the U.S. Congress to impose sanctions on Turkey for violating American anti-boycott laws.

On Monday’s broadcast of CBS’s “Late Show,” Rep. Alexandria Ocasio-Cortez (D-NY) stated that the student loan plan announced by President Joe Biden earlier in the day is “hope” for those who benefit from the plan to be able to do

During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen stated that “the great majority of” trade between the U.S. and China “is uncontroversial” and she’s working to ensure that the geopolitical relationship and national security worries won’t

During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen said that “China is entitled to have a relationship with Russia.” And “China and Russia do a lot of trade, much of it is unproblematic. But anything that

Gov. Wes Moore (D-MD) vowed on Monday evening to sign the PORT Act into law after Maryland’s Senate passed the emergency legislation.