Gen Z carries $94,101 in personal debt on average. That's more than millennials at $59,181 or Gen X at $53,255. Student loans pile up. Credit cards max out. Buy-now-pay-later...
Meta Platforms faces its sharpest workforce cuts since 2023. The company plans to eliminate about 10% of its staff—roughly 8,000 jobs—starting May 20. And that's just the beg...
Elon Musk spent three days on the witness stand in a federal courtroom in Oakland, California, last week, facing his own words in a high-stakes lawsuit against OpenAI co-founder...
The Senate Banking Committee split 13-11 along party lines to advance Kevin Warsh's nomination as Federal Reserve chair. First time that's happened in the panel's history. Se...
The yen rocketed against the dollar Thursday. Japanese authorities stepped in, buying yen for the first time in nearly two years. The move slashed USD/JPY from over 160 to as...
Apple posted record March-quarter revenue of $111.2 billion in its fiscal second quarter, up 17% from a year earlier. The iPhone drove the gains, with sales hitting $57 billi...
Elon Musk stared down the courtroom in Oakland, California, and called himself a fool. "I was a fool who provided them free funding to create a start-up," he told the jury on...
Major central banks held fire this week. But their warnings echo loud. Rate hikes draw nearer, driven by soaring energy prices from the U.S.-Israeli war with Iran. Policymakers...
Financial regulators just rewrote the rules on small business credit transparency. The Consumer Financial Protection Bureau finalized a sharply revised Section 1071 rule on A...
Retirees chase every edge to stretch their savings. State income taxes can claim thousands from pensions, 401(k) withdrawals, and IRAs each year. Thirteen states sidestep thi...
Consumer prices in the U.S. jumped 0.9% in March, the sharpest monthly rise since June 2022. That pushed the annual inflation rate to 3.3%, up from 2.4% in February and the h...
SAP's fresh API policy has ignited a firestorm among its core customers in Germany's manufacturing heartland. The German-speaking SAP User Group, known as DSAG, slammed the c...
Real gross domestic product climbed at a 2.0% annualized pace in the first quarter of 2026. That's the advance estimate from the U.S. Bureau of Economic Analysis, released Ap...
OpenAI CEO Sam Altman poured $14 million of his own cash into the biggest UBI trial ever. That was then. Now he says fixed monthly checks fall short for the AI upheaval ahead...
Mark Zuckerberg's relentless push into artificial intelligence has slammed Meta's workforce with fresh pain. The company plans to axe 10% of its employees—roughly 8,000 people—s...
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