The Trump administration’s arrest of Venezuelan leader Nicolás Maduro could lead to higher defense spending over the long-term as the U.S. takes a more active role in regional security, according to a research note from Bernstein. Maduro was taken into custody following a special operations raid over the weekend and is…
Hilton Hotels announced on Tuesday that it was ending its relationship with an independently owned Minneapolis-area hotel after a newly released video appeared to confirm that the property was still refusing to accommodate Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) agents. The decision came shortly…
LEGO is pushing beyond its traditional building blocks with a new screen-free technology designed to make children’s creations react, move and respond during play. The company introduced the innovation Monday at CES 2026, the annual consumer electronics trade show in Las Vegas, where it showcased how embedded technology can bring…
Texas and Florida once again lead the list of U.S. states that the most people are moving to, according to an analysis by U-Haul. The moving company, which reviewed more than 2.5 million one-way transactions across the U.S. and Canada for its 2025 “Growth Index,” said Texas tops the ranks…
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Gold’s stratospheric rise, the best percentage gain since 1979, surprised even the most bullish metal mavens as Wall Street firms…
The theme song for the exchange-traded fund industry could very well be Frank Sinatra’s “It Was a Very Good Year,”…
Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted…
Annual inflation increased to 3% in January, rising above expectations and giving the Federal Reserve further reason to slow down…
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Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they have been tried. Ackman, who is not a California resident, took to X earlier this week to criticize…
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A recall of 5-ounce holiday bark products sold at Aldi stores across the country has been expanded amid concerns the treats may contain undeclared allergens, including pecans and wheat, according to the Food and Drug Administration. Silvestri Sweets issued a voluntary recall of its Choceur-branded Cookie Butter Holiday Bark over…
Mortgage rates fell again this week, mortgage buyer Freddie Mac said Wednesday. Freddie Mac’s latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.18% from last week’s reading of 6.21%. The average rate on a 30-year loan was 6.85% a year…
Whether it’s a carton of milk or a gift for your cousin who has just decided to come home for Christmas, there are always last-minute items you need to make your holiday complete. Several U.S. stores are open or have modified hours on Christmas Eve and Christmas Day to ensure…
The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department’s estimate. The Bureau of Economic Analysis (BEA) on Tuesday released its initial estimate of third-quarter GDP, which showed the economy grew at an annualized rate of 4.3% in the three-month period including July,…
World-famous Kentucky whiskey brand Jim Beam is reportedly closing its production facility in Clermont starting Jan. 1 through the end of 2026. The company is shifting production to its larger Booker Noe distillery in Boston, Kentucky. The company said in a statement quoted by multiple outlets that it is “always…
The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season. More than 8 million tax refunds have gone out during the 2025 season as of Feb. 7 and, according to the IRS, those refunds have averaged $2,065 each. When taxpayers receive their refunds,…
Balances for 401(k) retirement accounts hit the “second-highest average on record” in the final quarter of 2024, according to new data from Fidelity Investments. The financial services company found in its newly-released fourth-quarter retirement analysis that balances for that type of retirement plan averaged $131,700. That figure marked a jump of…
There’s good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the highest level since last May. This week, however, 30-year rates dropped to 6.76% for fixed-rate mortgages, according to Freddie Mac. “This week, mortgage rates decreased to their lowest level in…
It isn’t always easy to save for retirement, in part because for many people it is so far away that there’s no sense of urgency.New research suggests a solution: Make the future feel closer.”People struggle to save for the future, and part of the reason why is people struggle to…
The Federal Reserve just met to discuss the possibility of interest rate cuts. This time around, the Fed decided to extend the rate pause, leaving rates in the 4.25% to 4.5% range. The decision came due to stable economic activity that’s expected to grow in the first quarter. Economists largely…
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