Economy & Markets
US Faces 1970s-Style Stagflation as Wages Fall and Energy Costs Rise
Falling wages, soaring energy prices and rising inflation are pushing the U.S. economy toward a pattern reminiscent of the 1970s,…
Cantor Fitzgerald Bullish on Securitize (SECZ): Price Upside Projected
Cantor Fitzgerald has expressed optimism about Securitize (SECZ), indicating that the firm sees notable upside potential in the company’s stock…
Government Can Seize 15% of Social Security for Student Loans
The federal government can garnish up to 15% of Social Security benefits to repay outstanding student loan debt, a practice…
OpenAI Safety Leader Quits, Warns AI Culture Broken
A senior safety leader at OpenAI has resigned, warning that the company’s culture is broken and that AI firms are…
High Mortgage Rates Trap Homeowners and Hinder Renovations
High mortgage rates are trapping homeowners in their current houses and making renovations harder to afford, according to US Top…
Tesla Cybercab Expansion Faces Hurdles After Rocky Austin Launch
Lede Tesla’s Cybercab expansion faces new pressure after a turbulent first month in Austin, where the company’s robotaxi service debuted…
Ukraine to Strike Russian Refineries Over Putin Doctrine, Zelenskyy Says
Ukraine will strike Russian refineries in direct response to what President Volodymyr Zelenskyy described as Moscow’s new doctrine of aerial…
Trump Names Intelligence Director Jay Clayton to Lead AI Policy
Jay Clayton, the Director of National Intelligence, has been tapped to oversee the administration’s AI policy, according to a report…
Bond Market Pressure Mounts as Inflation Fears Rattle Stocks
Rising inflation concerns tied to bond market pressure have pushed US stocks lower, underscoring renewed economic uncertainty. The connection between…
Car Payments Strain Many Americans as Prices and Rates Rise
Car affordability has slipped for many Americans as vehicle prices and financing rates climb. At today’s prices and rates, even…