economy

The US airline industry faces volatility in the near term amid low consumer confidence, tariff uncertainty, border policies, recession fears, and a slump in corporate travel.

A growing negative sentiment around Tesla is driving a mass exodus of customers to rival EV brands, including BYD and Lucid Motors.

Shark Tank star Kevin O'Leary recently wrote an op-ed explaining how he plans to invest in a new global digital payment system founded on a US stablecoin.

Hawk Tuah girl Haliey Welch is back on social media after months of absence after the SEC closed an crypto investigation against her due to insufficient evidence of foul play.

Citadel Advisors' Ken Griffin reshuffled his portfolio in Q4 2024 with a focus on banking, aviation, energy generation, and technology companies.

Mark Cuban supports government cuts to improve efficiency but urged policymakers to consider the short- and long-term impacts of their decisions on American households.

Bernie Sanders said during the interview that progressive House Representative Alexandria Ocasia-Cortez (AOC) is 'extraordinary,' and he is 'impressed by her work in Congress.'

XRP prices jumped on the development in the long-standing Ripple vs. SEC lawsuit, which happened right before Paul Atkins' US Senate confirmation hearing on Thursday.

Lower IRS collections this tax season due to workforce downsizing and dynamic taxpayer behaviour could increase the risks of the US Treasury being unable to repay bills on time and in full by June unless Congress hikes the debt ceiling.

Massive workforce downsizing and new mandates enforced by DOGE are severely impacting access to Social Security services for millions of recipients.

Increasing your annual income, working for at least 35 years, and delaying Social Security benefits claims can increase your monthly income significantly.

BYD stock price and car sales continue to soar in contrast to a 40% drop in Tesla shares this year as Elon Musk could be stretched too thin with his new role in the US government and multiple business ventures.

The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.

While Buffett reassured investors of his preference for equities over cash earlier this year, he expressed concerns last week about the impact of Trump's tariffs on corporate earnings and the broader economy.

State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop in its surplus account in the past decade.

Bridgewater Associates made several changes to its portfolio in Q4 2024, prioritising cybersecurity, ecommerce, financial, and network infrastructure companies.

Financial advisers urge investors to avoid panic selling and keep emotions under control as the US market violently fluctuates based on what Trump says every other day.

US Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna introduced a bill last week that would slash credit card interest rates, offering major relief to millions of Americans in debt.

Over the past years, Jeff Bezos has consistently donated millions of Amazon shares to non-profit organisations as part of his philanthropic efforts.

Nancy Pelosi's investments in top tech giants have markedly declined after Trump's tariff plans introduced volatility in stock markets.

Bill Gates sold Microsoft and Berkshire Hathaway shares for the second consecutive quarter. Despite the massive sell-off, these two stocks remain his portfolio's top holdings.

Santander users are experiencing major challenges using their debit and credit cards, as well as transfering money. Downdetector reports that this is an ongoing, global issue.

DOGE chief Elon Musk recently signalled at a conference that the USPS and the passenger rail service Amtrak should be privatised to resolve their long-standing financial challenges.

Juan charges too little for too many jobs, and his financial struggles in childhood limit his earnings despite having a strong skill set.

The Social Security Administration announced clearing over £5.85 billion in retroactive payments to 1.12 million public pension recipients under the Social Security Fairness Act.

Former Social Security commissioner Martin O'Malley cautioned that the Department of Government Efficiency-led (DOGE) reductions in funding and staffing for the SSA could lead to a system collapse within the next 30 to 90 days.

The new payment hikes are being implemented under a new law that eliminated the Windfall Elimination Provision and Government Pension Offset rules, which had limited Social Security payments for people receiving pensions for work not covered by Social Security.

Trump posted on Truth Social yesterday that he plans to include cryptocurrencies like Bitcoin, XRP, Ethereum, Solana, and Cardano (ADA) in the national strategy crypto reserve.

The average US tax refund for the 2024 tax year dropped to £1,725 as of 14th February 2025 from £2,551 on the same day last year.

Nvidia Corp. (NASDAQ:NVDA) stock price was on a downtrend despite posting record revenues boosted by Blackwell AI GPU sales as analysts were concerned about the disappointing gross margin guidance for Q1.