Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per consumer stands at $6,329, up 4.8% year over year, according to a separate quarterly ...
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. That enormous goal will involve thousands of daily decisions that will determine whether Boeing can earn back the trust of ...
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation into Amazon’s investment and partnership ...
Oil prices are climbing after the EIA reported a surprise inventory crunch. Adding fuel to the fire? Tensions in the Middle East. WTI Crude has been trading in choppy motion since March 2023. While macroeconomic and geopolitical factors weighing on ...
Republican presidential nominee Donald Trump has repeatedly denied knowing about the Project 2025 policy blueprint or the people behind it. “Have no idea who is in charge of it,” he wrote in a social media post in July. But in ...
Tim Walz was weighing a life-altering decision when he stepped into a supply room at the National Guard Armory in New Ulm, Minn., nearly two decades ago. He closed the door behind him, recalled a colleague, Al Bonnifield, and confided ...
Rep. Nancy Pelosi (D-Calif) said that she joined the effort to convince President Biden to abandon his reelection bid because the president’s campaign was losing badly and placing “rose petals” on the path to a victory by former president Donald ...
Vice President Kamala Harris and Minnesota Gov. Tim Walz continued their blitz through the country’s battleground states Wednesday, rallying supporters in the Midwest and seeking to sustain their momentum as Republican vice-presidential nominee JD Vance followed closely behind and escalated ...
Donald Trump’s candidacy appeared all but destined for victory only weeks ago. He rose defiant from the bullet graze of an attempted assassination, hoisting his fist in the air with a unified party at his back, a growing lead in ...
Rallying supporters at her first event with her new running mate, Vice President Kamala Harris said she has taken on “perpetrators of all kinds” as a prosecutor, “So hear me when I say, I know Donald Trump’s type.” The attack ...