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ECONOMY & WORK

NEWS

Capital Economics warns the stock market bubble could burst sooner than we think

An underlying stock rotation has triggered a potential countdown to a crash.
6 hours ago

Turns out, an AI-generated fake news has the power to trigger a stock market crash

A post on X could move trillions of dollars due to the power that retail investors hold
6 hours ago

‘The Price is Right’ contestant’s $49,000 car dream ends in heartbreak after three strikes

Despite a poor start, the contestant came close to winning the big prize.
8 hours ago

Costco tightens rules on popular membership benefit after shoppers started misusing it

The retailer had to face big losses as customers abused the no questions asked return policy.
9 hours ago

Trump believes tariffs paid by foreign countries will replace income tax very soon

The President is reportedly looking to pass tax breaks using reconciliation.
9 hours ago

Federal Reserve Governor opens up about AI boom — and it's not good news for US job market

"Monetary policymakers would face tradeoffs between unemployment and inflation," Fed governor said.
9 hours ago

Popular pet food sold in 5 US states recalled over Salmonella fears — return ASAP for refund

Florida Hardware purchased these treats and distributed them to feed stores in Alabama, Florida, Georgia, North Carolina, and South Carolina.
9 hours ago

Virginia governor asks if Trump has made life more affordable for Americans: 'Is he working for you?'

The Democrats will make affordability a huge campaign issue ahead of the November elections.
10 hours ago

'Family Feud' host Steve Harvey absolutely loses it as players confuse rappers and pop stars

Harvey couldn't pass up the opportunity to take a jab at J-Lo's relationship status
10 hours ago

Trump hails America's 'roaring economy' — but consumers don't see it the same way

While the president championed his policies, the ground reality tells a woeful tale.
11 hours ago

JPMorgan CEO warns banks doing 'dumb things' could trigger a financial crisis like 2008

He believes that the situation is similar to what the country witnessed before the 2008 crash.
13 hours ago

Morgan Stanley hails the AI revolution in the US — but there is one major problem

A new report suggests the investment led growth had made the rich richer and put pressure on workers
1 day ago

As Trump toots his own horn about US economy — the ground reality tells a different story

The low-middle class of the country is feeling the crippling pressure of the affordability crisis
1 day ago

Popular retail chain recalls meatballs over presence of metal — return ASAP for refund

Thankfully, no illness or injury has been reported yet because of the foreign objects.
1 day ago

Sam Altman calls Elon Musk's plan to run AI from space 'ridiculous' — says 'we are not there yet'

The OpenAI boss believes that it is impossible to scale such a model at this moment.
1 day ago

Goldman Sachs says 'don't expect' companies to lower prices in response to tariff reductions

Companies will be in no rush to reduce prices as trade uncertainty continues, the bank noted.
1 day ago

Trump has a major warning for nations that 'play games' with US trade deals: 'Beware'

Trump threatened to use different laws to punish countries that back away from negotiated deals.
1 day ago

GOP lawmaker has an update on $2,000 stimulus checks — and it's not good news for Americans

He asked Americans to forget about the stimulus checks until the tariffs issue is dealt with.
1 day ago

Finance expert predicts a major crisis in 2028 — including the 'Ghost GDP' situation

The technology will see millions out of jobs, cutting their spending power by a huge margin.
1 day ago

Steve Harvey's reaction said it all when 'Family Feud' players revealed their pre-show confessions

Despite his experience, Harvey didn't know much about the prep that goes into competing on the show
1 day ago