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Tight job market has a friend in the Fed
The Federal Reserve is standing pat on interest rates for now, with the timing of a cut uncertain. Still, the backdrop remains supportive for the U.S. job market and the rank and file.
China, TikTok role in anti-Israel college protests is ‘an act of war,’ expert says
Gatestone Institute senior fellow Gordon Chang compares the 2020 riots to what's taking place on U.S. college campuses as a popular app plays a significant role.
Peloton CEO to step down, company will cut 15% of global workforce
Peloton CEO Barry McCarthy is stepping down from the beleaguered high-end fitness company after just over two years in the role, the company announced Thursday.
Delays and government errors: How college financial aid became such a hot mess
The botched rollout of a new FAFSA form for students and families to apply for federal financial aid has caused colleges to delay their aid offers, leaving students in limbo.
Kevin Hart, Ferrari, others enlisted by Airbnb in marketing tactic to boost demand
Home share Airbnb is launching the first product outside its core service as it seeks to drum up demand from younger users and international tourists.
What do higher-for-longer interest rates mean for your money?
The Federal Reserve signaled that it will keep interest rates higher for longer amid stubborn inflation, keeping borrowing costs elevated for Americans.
National Debt Tracker: American taxpayers (you) are now on the hook for $34,616,994,016,250.88 as of 5/1/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.
Chipotle keeping ‘a close eye’ on customer behavior after raising menu prices, wages
While Chipotle has yet to feel any impact from California's minimum wage hike and resulting menu price increases, its CFO says the company is keeping "a close eye on it."
Fed holds rates steady as inflation casts doubt on future cuts
Federal Reserve policymakers on Wednesday voted to keep interest rates unchanged as inflationary pressures within the U.S. economy start to increase again.