Economy

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Mysterious $7B estate tax payment spurs questions about source of funds

A mysterious influx of more than $7 billion in estate tax payments to the Treasury Department…

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Harvard fundraising slumps after antisemitism controversy

Donations to Harvard University and its endowment declined by a little more than $150 million…

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Mortgage rates October 17 2024

Mortgage rates continued their upward climb this week, further hindering demand in the housing market…

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Holiday spending projected to surpass $979B

The National Retail Federation (NRF) projected that holiday spending will increase this year to a…

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Consumers see debt delinquency risk rising, higher long-term inflation: NY Fed

American consumers' expectations about the risk of debt delinquency rose to the highest level in…

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Wholesale prices unchanged in September

U.S. producer prices were unchanged in September, pointing to a still-favorable inflation outlook and supporting…

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JPMorgan’s Jamie Dimon warns of ‘critical issues’ that could affect US economy

JPMorgan Chase CEO Jamie Dimon on Friday warned investors about current risks to the global…

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Boeing to cut 10% of workforce, halt most 767 production amid labor union strike

Boeing will lay off 10% of its workforce, approximately 17,000 employees, in the coming months…

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7-Eleven shutting down nearly 450 stores across North America for underperforming

Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.…

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September CPI: What food items saw the largest price hikes and declines

American consumers are continuing to face elevated inflation despite the pace of price growth slowing, with…

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