White House details ‘severe damage’ to the economy if debt ceiling default occurs
The Council of Economic Advisers says a “protracted” default would cost 8 million jobs and cut the stock market in half, and warns that “brinksmanship” comes with costs, too
Trump lawyers will not offer witnesses at E. Jean Carroll rape defamation trial
Donald Trump denies claims he raped writer E. Jean Carroll in the dressing room of the New York City department store Bergdorf Goodman in the mid-1990s.
Here’s how the Federal Reserve’s latest quarter-point interest rate hike impacts your money
When the Federal Reserve boosts its benchmark rate, everything from credit cards to savings accounts can be affected.
Fed increases rates a quarter point and signals a potential end to hikes
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.
FTC proposes barring Meta from monetizing kids’ data
According to the FTC, an independent assessor found “several gaps and weaknesses in Facebook’s privacy program” that posed “substantial risks to the public.”
Deposition of JPMorgan CEO Dimon in Jeffrey Epstein lawsuits set for late May, source says
Jeffrey Epstein, a sex offender who had been friends with former presidents Donald Trump and Bill Clinton, was a customer of JPMorgan Chase for years.
Chegg shares rebound with 17% pop after losing almost half their value on ChatGPT concerns
Chegg CEO Dan Rosensweig told CNBC late Tuesday that the stock’s 48% plunge during regular trading hours was “extraordinarily overblown.”
Google is making it easier to log in to its services without a password
Instead of having to remember a password for each service you use, passkeys allow you to enter a PIN code or verify your identity with your fingerprint or face.
