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10 Things the Middle Class Won’t Be Able To Afford in Less Than a Decade

In a world where the financial landscape is constantly shifting, the American middle class often finds itself in a precarious position. Find Out: 4 Secrets of the Truly Wealthy, According to Dave...

Apple Intelligence Arrives Next Week Heres How To Get It

Americans fall further behind on debts, New York Fed finds

The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal Reserve Bank of New York.

Stock market today: Tech lags as inflation print keeps Fed rate cut on track

The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

What Nvidia wants (but may not get) from the Supreme Court

Nvidia and Meta are fighting two Supreme Court cases that they claim will flood the legal system with investor lawsuits if not decided in their favor. So far things aren't exactly going their way.

Former CNN CEO Chris Licht: Viewers have 'lost trust' in legacy media

Cable news companies continue to struggle amid a mass shift towards streaming and alternative media.

Spirit Airlines stock plunges 59% as company reportedly preps bankruptcy filing

Spirit stock plunges the most on record as the threat of bankcrupty looms for the low cost carrier.

Disney earnings: Investors eye streaming progress, parks stabilization as CEO change looms

Disney will report its fourth quarter earnings before the bell on Thursday. Here's what to expect.

Trump’s second term will have enormous implications for Big Tech. Here's why.

When President-elect Trump takes office in January, he'll be forced to tackle a slew of major tech policy questions.

What Elon Musk and Vivek Ramaswamy could abolish in the name of government efficiency

President-elect Donald Trump charged Elon Musk and former presidential candidate Vivek Ramaswamy with cutting government spending. Years of comments from both men suggest they could aim to do much more than slim down Washington.

Bitcoin touches record high above $93,000 on optimism around Trump's pro-crypto promises

Bitcoin prices pushed to record highs on Wednesday, topping $93,000 and continuing the post-election surge for the world's largest cryptocurrency.

Rivian stock surges as company expands joint venture with Volkswagen

Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German automaker pouring more money into the joint venture.

Tim Gunn details his 'pauper' lifestyle when 'Project Runway' began

"Project Runway" star and fashion mentor Tim Gunn shared his humble beginnings on a recent episode of the Living Not So Fabulously podcast.

Mortgage companies that borrowers are most satisfied with, according to J.D. Power

J.D. Power released its 2024 mortgage lender customer satisfaction survey — and the results are surprising. Here are the major changes in lender satisfaction.

Bankers beware: Elizabeth Warren becomes top Democrat on key Senate banking panel

The elevation of Elizabeth Warren as the top Democrat on a key Senate banking panel could mean some headaches for Wall Street financial giants in 2025.

Housing inflation accelerates in October amid 'slower progress' on inflation fight

The latest Consumer Price Index (CPI) report revealed that housing costs accelerated in October, posing a lingering challenge to cool price pressures.

Food inflation ticks higher as egg, beef prices remain elevated

Eggs, beef, and oranges are driving up food prices in October.

Hims & Hers launches GLP-1 tracker in response to FDA's shortage decision

Hims & Hers is launching a tracker of GLP-1 shortages to push back against the FDA's recent moves to end compounding copycats of the blockbuster drugs.

October inflation data meets forecasts, keeping Fed on track for December rate cut

The outlook for inflation is uncertain as economists warn of potential pressures from Trump policies.

Why the Fed targets 2% inflation

Inflation data has long signaled Fed policy changes because of a dual mandate that includes price stability. But now, critics argue the central bank may be too tied to the 2% target.

Stock market today: Dow leads stocks down as rally takes a break before CPI report

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

Crypto surge partially reflects less trust in government: Economist Judy Shelton

Former Federal Reserve nominee Judy Shelton strikes a bullish tone on crypto versus the dollar.

Anheuser-Busch InBev CEO: Bud Light sales are stable

Anheuser-Busch InBev CEO Michel Doukeris says Bud Light is stable and the focus is now on zero-alcohol beers.

Macy's CEO: Department stores can be repositioned as a marketplace

Macy's CEO is ready to make the 166-year-old retailer part of the everyday shopping experience.

Market has 'room to run' but that doesn’t mean buy more stocks: Bridgewater co-CIO

A red-hot stock market still has "room to run," but that doesn't make it the best place to put your money right now, according to the co-chief investment officer of the world’s largest hedge fund.

Boeing stock slides as company posts sharp decline in October deliveries due to strike

Boeing delivered just 14 planes in October as a worker strike by its biggest union hampered the aerospace giant's production.

CEO of Neuralink rival on the future of brain computer tech

Michael Mager of Precision Neuroscience, a brain implant startup rival to Elon Musk's Neuralink, sounds off on the future of brain-computer interfaces.

Cadillac execs are betting the 'baby Escalade' Vistiq will maintain its strong EV momentum

GM’s Cadillac took the veil off its latest creation, the Vistiq three-row EV SUV. The luxury brand is betting another addition to its EV lineup is what its high-income buyers are looking for.

Tesla stock to settle after recent surge: Nuveen CIO

Is Tesla's recent run-up sustainable?

Any inflation surprises might give Fed 'pause' about cutting in December: Kashkari

The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises "to the upside" over the next month, Minneapolis Fed president Neel Kashkari told Yahoo Finance.

Bank of America CEO: Federal Reserve should remain independent

Bank of America CEO weighed in on the incoming Trump administration and the challenges ahead for the Federal Reserve.

Novavax stock plunges after quarterly earnings, but company sees hope in licensing deals

Novavax sees Sanofi deal as path forward for company into profitability.

Gas prices will drop below $3 before Thanksgiving, analyst says

November is usually a weak month for gas consumption, OPIS global head of energy analysis Tom Kloza said.

Cheap, pre-owned EVs are about to flood the market. Is that a good thing?

The electric vehicle market could get a huge influx of cheaper cars — but not fresh from the factory. In its latest EV intelligence report, consumer research firm J.D. Power projects that a massive amount of EVs returning off leases in the US will provide a large supply of EVs for sale.

Apollo CEO Marc Rowan: Elon Musk represents wholesale change, and the US needs it

Apollo co-founder and CEO Marc Rowan weighs in on the incoming Trump administration.

Trump’s deportation plan will be very pricey

Expelling millions of migrants could cost hundreds of billions of dollars and leave the economy worse off.

Wall Street is bullish about bigger bonuses again

Wall Street is preparing for higher bonuses for the first time since 2021, with underwriters and traders getting the biggest pay boosts for 2024 performance.

How 'all types' of small businesses can land lucrative government contracts

For many small businesses, landing a contract with the United States government seems nearly impossible. But it actually may be easier than one might think.

Netflix ad tier reaches 70 million monthly active users

The metric increased 75% from the 40 million users the company disclosed in May.

Rents fell 0.6% in October, new data shows

Rents ticked down in October from the prior month as the supply of apartments coming onto the market outpaces demand.

The FOMO market is back: Morning Brief

The recent surge in stocks is absolutely explained by the Trump trade. But it's not the only thing going on: There are other reasons why the FOMO trade is back.

Trump 1.0 was as tough on M&A as Biden. Trump 2.0 may not be different.

The business world is expecting M&A to loosen up under President Donald Trump. It could be in for a surprise — if history is any guide.

Why GOP Senate leader hopefuls might want to avoid talk of new Trump tariffs

The contest to be the face of Senate Republicans is coming to a head this week. One issue contenders might want to avoid during the final stretch is Trump's ambitious tariff plan.

Stock market today: Dow, S&P 500 close above key milestones as Tesla, bitcoin surge

Markets still appear upbeat about the prospect of a Trump presidency, though thoughts are turning to consumer inflation data on the horizon.

S&P 500 seen reaching 10,000 by end of decade, spurred by 'animal spirits'

Strategists are growing increasingly positive about the outlook for stocks in Donald Trump's second term as president.

Bitcoin reaches record high of $87,000 as crypto, Trump trades dominate stock market

Bitcoin and cryptocurrency related stocks have soared since Donal Trump won the presidential election on Nov. 6.

DJT stock continues rally after Trump announces 'no intention' to sell shares

Trump Media & Technology Group stock extended gains on Monday after a 15% pop on Friday. The surge followed the president-elect's announcement he had no plans to offload any of his shares in the company.

Tesla stock soars 9% as Wall Street grows more bullish after 'game-changer' election

Tesla stock surged for a fifth straight session on Monday as the company continues to benefit from its CEO's relationship with President-elect Donald Trump.

Biden's worst gamble? Backing student debt forgiveness

Fifty-seven percent of 2024 voters were non-college grads. They can rightly ask, what did Joe Biden or Kamala Harris do for me?

Trump likely to roll back but not dismantle Biden's clean energy spending

President-elect Trump has previously slammed Biden's signature Inflation Reduction Act. But pressure from GOP lawmakers, whose districts have benefited from clean energy investments, suggests the law is more likely to be stripped down than repealed.