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Finance

The top 10% of American households are getting richer faster—here’s what’s driving the widening wealth gap

Finance Webdesk AI -
The top 10% of American households have widened the wealth gap significantly over the past three years. Their median net worth has grown by...

Democrats’ election wins revive a tough Social Security debate: Who pays?

Finance Webdesk AI -
Democrats’ recent election victories have renewed focus on Social Security’s long-term funding problems. The program faces a projected shortfall within the next decade. Lawmakers...
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‘We’re losing to cottage cheese’: The protein-maxxing craze is hurting cream-cheese sales

Finance Webdesk AI -
U.S. cottage cheese sales have more than doubled since 2021, according to recent market data. The surge reflects a...

A record number of first-time home buyers now pay in cash. Here’s where they get the money.

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A record share of first-time home buyers are paying cash. Roughly 10% of these buyers now avoid mortgages entirely,...

Nvidia, AMD and chip stocks rebound sharply — but is relief from the ‘violent’ selloff only temporary?

Finance Webdesk AI -
Chip stocks staged a sharp rebound after a punishing stretch of selling. Nvidia and AMD both recovered ground as...

Data centers are built on debt—bond markets buckled this year, and the strain is only going to intensify

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Data centers have become heavily dependent on debt financing to fuel their rapid expansion. That reliance created turbulence in...

Elon Musk Signals SpaceX Could Make a Major Telecom Acquisition

Finance Webdesk AI -
Elon Musk has signaled that SpaceX could pursue a major acquisition. The company is preparing to compete directly with...

You’re Fired—but Keep the Laptop, Your Health Insurance, and $10,000

Finance Webdesk AI -
Tech companies are rethinking how they handle layoffs. Some now offer departing employees free laptops, health insurance, and cash...
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USS Cole Bombing Trial: Inside the Slow Jury Selection at Guantanamo

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The USS Cole bombing case has entered a new...

Why White Working-Class Voters Broke From Republicans in the Midterms

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White working-class voters shifted toward Democrats in this year's...

Stephen Miller Takes White House Chief of Staff Role, Refuses to Soften Immigration Crackdown After Midterm Defeat

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Stephen Miller is taking over as White House chief...

U.N. Leadership Race Turns Chaotic as Late Candidates Upend Front-Runner Expectations

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The race to succeed António Guterres as U.N. secretary...

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