Economy

U.S. debt is increasingly at the mercy of the market as interest costs surge while elections add more risk to the debt ceiling, ratings...

Credit ratings agency Scope Ratings maintained the U.S. sovereign score at AA- while highlighting the country's growing vulnerability to bond market fluctuations. The 10-year...

Nearly 1,400 laid off at Ohio factory days before Trump rally. Now a former supporter will help elect Democrats: ‘Something has to change politically’

Nearly 1,400 workers were laid off from the Navistar truck factory in southwestern Ohio just three days before Donald Trump's rally in the Dayton...

Sports betting is America’s new pastime—and it’s bigger than movies, music, and museums together as Americans wage a whopping $166 billion on bets

In 2025, Americans wagered approximately $166 billion on sports bets, more than double the $70 billion spent on movies, music, and museums combined. Prediction...

The U.S. jobs market just took a turn for the worse. Or did it?

The U.S. jobs report for September proved disappointing. However, the labor market did not collapse. The figures nonetheless show a marked slowdown in hiring...

High interest rates are foreclosing on the American home remodeling dream

High mortgage rates are preventing most Americans from moving, trapping them in aging homes they cannot afford to improve. Home equity loans and HELOCs,...

As Treasury yields touch generational highs, investors brace for the market fallout

U.S. Treasury bond yields have reached generational highs, sending shockwaves across global markets. Investors are closely monitoring signs of stress that could trigger a...

Mark Ruffalo says Paramount’s $111 billion Warner Bros. deal ‘Will stifle creativity, weaken free speech, and cost people their jobs’

Judge Araceli MartĂ­nez-OlguĂ­n approved on September 30 Paramount's settlement with 12 state attorneys general, clearing the last legal obstacle to the approximately $111 billion...

Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s

Wages are falling while energy prices are soaring and inflation is accelerating. This combination of economic factors strongly resembles the 1970s crisis. Market observers...