Since Americans tightened their belts during the coronavirus pandemic, total household debt has fallen quarterly for the first time since 2014. The Federal Reserve Bank of New York reported that total household debt fell by $34 billion in the second quarter, a decrease of 0.2%. This is the largest declineRead More →
President Trump said on Friday that he would reschedule a June 19 campaign rally in Tulsa, Okla., succumbing to calls to change the date of the event that falls on a holiday that marks the end of slavery in the U.S. Via Twitter late Friday, Trump said that he wouldRead More →
Stock markets fell for third consecutive day Wednesday, following alarming news over the weekend that the coronavirus had spread much further than originally thought. Meanwhile, Treasury bonds TMUBMUSD10Y, -1.54%, Swiss francs FXF, -0.02%, and gold GLD, +0.44% — assets that generally attract investor interest in times of turmoil — rose.Read More →
Facing more than $80,000 in student loan debt, Tiffany Tatafu did what thousands of other student loan borrowers do: She searched for answers on her phone. The single mother of two had heard that as a public employee, she could be eligible for student loan forgiveness. She’d landed job asRead More →
© Reuters. FILE PHOTO: A new iPhone X is sold at an Apple Store in Beijing (Reuters) – Apple Inc (NASDAQ:) iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018, while sales for smartphones made by home-grown rival Huawei soared by 23 percent, data fromRead More →
© Reuters. Investing.com – U.S. futures fell on Friday as revenue forecast cuts from a number of companies and weak retail sales over the holidays threatened to derail Wall Street’s five-day rally as investors fear a possible recession. The fell 2 points or 0.11% as of 6:40 AM ET (11:40Read More →
