News
PayPal and Venmo now accepted for tuition at several universities
Some universities are now allowing students and their families to pay tuition through PayPal and Venmo. Among the first institutions offering the payment options are Bellarmine University, Butler University, Kansas State University, Michigan State University…
US national debt hits $40 trillion for the first time in history
The U.S. national debt crossed another historic milestone on Wednesday as it topped $40 trillion for the first time in history amid persistent federal budget deficits that are causing the debt to soar higher. Data from the Treasury Department released on…
Car insurance rates rising in over 32 states this year, report finds
Car insurance costs trended higher in the first half of this year after declining in 2025, and a new report projects increases in over 30 states this year. An analysis by Insurify found car insurance premiums fell 6% last year, with drivers in 39 states…
Popular dog food recalled after salmonella contamination sickens pets
More than 600 bags of frozen dog food are facing a recall after FDA testing prompted by a consumer complaint found salmonella contamination. Connecticut-based Oma’s Pride issued a recall for one lot of Woof Complete Canine Chicken Recipe, the company…
Growing US national debt drives Treasury yields to historic highs
Financial markets and investors are reacting to the rapidly growing U.S. national debt, which is approaching a record of $40 trillion, by requiring greater returns for those who invest in America’s debt obligations. Yields on U.S. Treasurys have been elevated…
Home Depot customers stick to smaller projects as housing costs stay high
Home Depot customers are still spending on their homes, with smaller projects supporting demand as Americans contend with elevated mortgage rates and high home prices. The home improvement retailer said Tuesday that second-quarter sales rose 5.7% from a year…
Stellantis recalls 1 million vehicles over rearview camera software issue
Chrysler parent Stellantis announced on Monday that nearly one million vehicles worldwide are being recalled over radio software that may prevent rearview cameras from displaying images properly. About 955,000 Chrysler, Jeep, Dodge and Ram vehicles are…
Is Miami costlier than NYC? Why developers say the math favors Florida
While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story. Key executives behind major residential skyscrapers in Manhattan and Miami argue South…
Costco customers detain machete-wielding suspect: reports
A machete- and pickaxe-wielding man was arrested after allegedly smashing into a jewelry display at a South Carolina Costco before customers and employees helped detain him, according to local reports. Greenville police responded Thursday to the Costco on…
Safeway closing more stores as Albertsons reshapes footprint after failed Kroger merger
Safeway is closing additional stores as parent company Albertsons Companies reassesses its retail footprint following the collapse of its proposed $24.6 billion merger with Kroger. Albertsons told USA Today that the company had slowed its potential “portfolio…
Rebel Creamery files Chapter 11 with $23.8M Van Leeuwen judgment on appeal
Rebel Creamery has filed for Chapter 11 bankruptcy protection in Utah, reporting approximately $13.78 million in assets and $23.85 million in liabilities as it appeals a $23.785 million judgment awarded to rival Van Leeuwen Ice Cream in a trade-dress dispute…
New York Fed finds delinquency rates mixed for credit cards, auto loans
New data from the Federal Reserve Bank of New York found that while overall delinquency rates improved for overall debt burdens, new delinquencies rose slightly for auto loans and mortgages and remained elevated for credit cards. The New York Fed found that…