$17-point-eight trillion dollars. That’s the latest number for U-S household debt on, according to the Federal Reserve Bank of New York. And the largest on record. ...

Buca di Beppo, a popular family-style Italian dining brand, announced its decision to voluntarily file for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The ...

U.S. consumers added $27 billion in credit card debt during the second quarter of 2024, resulting in the highest level of credit card debt ever measured, ...

Apple’s lucrative deal with Google could be under threat after a U.S. judge ruled that the Alphabet-owned search giant was operating an illegal monopoly. A potential ...

Alaska Airlines flight attendants feared passengers had been sucked out of the plane in the chaos following the Jan. 5 mid-air panel blowout on a Boeing ...

WASHINGTON—Boeing said on Tuesday it plans to make design changes to prevent a future mid-air cabin panel blowout like the one in an Alaska Airlines 737 ...

Boeing factory workers say they were pressured to work too fast and asked to perform jobs that they weren’t qualified for, including opening and closing the ...

A federal judge ruled that Google’s payments to Apple to make its search engine the default on Apple devices violate U.S. antitrust laws. This could force ...

Uber reported second quarter gross bookings (the total value of rides, deliveries, and freight services before any deductions) of nearly $40 billion, up 21 percent year-over-year, ...

A federal judge ruled “Google is a monopolist” after a lengthy legal battle between the company and the Justice Department in league with multiple state attorneys ...

We provide a review of Vice President Kamala Harris and former President Donald Trump’s campaign platforms on inflation.  

The ripple effect continues from the unwinding of a popular trade. JP Morgan and UBS think the unwind is only 50 percent done. Investors are reacting ...

Concerns over a looming U.S. recession are mounting after an unsatisfactory jobs report and a huge hit to the stock market. In 2022, a recession wasn’t ...

NEW YORK—A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses ...

Elon Musk’s X social media platform filed an antitrust lawsuit against Global Alliance for Responsible Media (GARM), a cross-industry organization that includes the likes of Mastercard, ...

We’ve been covering how the unwinding of the yen carry trade has rippled through global markets. JP Morgan and UBS said Tuesday that the unwind is ...

Bitcoin plunges over the weekend, leading to $1.1 Billion in liquidations. Numerous investorsl have their investments completely wiped out.  

The yen’s sharp rise in recent weeks has unexpectedly shaken up the yen carry trade. Investors have been borrowing the yen for its lower interest and ...

According to last month’s employment situation summary from the United States Bureau of Labor Statistics, jobs grew to 114,000, missing estimates by tens of thousands, and ...

EJ Antoni, research fellow and public finance economist at the Heritage Foundation, discussed the contributing facts and effects of the worldwide stock market crashes.  

U.S. stocks took a nosedive on Monday morning amid a worldwide stock market selloff as fears of a possible U.S. recession have mounted in recent days. ...

The Aug. 5 dive in the stock market would benefit Donald Trump’s candidacy for president, according to Louis Perron, political consultant and author of “Beat the ...

Japanese stocks have staged a noticeable comeback after experiencing the most significant market drop ever during the previous day’s trading session. On Aug. 5, Japan’s Nikkei ...

Joseph Trevisani, senior analyst with FXStreet, spoke NTD about the recent downturn in global markets amid fears of a U.S. recession.

U.S. stocks ended with steep losses on Monday, leaving the Nasdaq and S&P 500 down at least 3 percent each as the market extended last week’s ...

NEW YORK—Several online brokerage firms including Charles Schwab, Fidelity and Vanguard appeared to be down for thousands of users early Monday during one of the biggest ...