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Americans' credit card debt reaches new record high: New York Federal Reserve
Adam Gault/Getty Images(NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Ban...
Feb 13, 2025
Tesla shares have plunged while Musk takes on Washington. Is that the reason?
Christian Marquardt/Getty Images(NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the world's richest person has suffered a $106 billion drop in wealth due to steep decline in shares...
Feb 13, 2025
Tesla shares have plunged while Musk takes on Washington. Is that the reason?
(Anton Petrus/Getty Images)(NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the world's richest person has suffered a $106 billion drop in wealth due to steep decline in shares of h...
Feb 13, 2025
Inflation increased in January, posing obstacle for Trump tariff plans
Frederic J. Brown/AFP via Getty Images(NEW YORK) -- Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some ...
Feb 12, 2025