OpenAI CEO Sam Altman signaled that the company will delay its initial public offering (IPO) amid concerns about the safety and alignment of AI models given potential risks they could pose to society. The ChatGPT-maker confidentially submitted an S-1 filing with the Securities and Exchange Commission in June to begin the…
Americans’ 401(k) balances reached a record high in the second quarter of 2026, new data shows. The average 401(k) balance climbed to a record $155,800 in the second quarter of 2026, up 10.5% from the previous quarter and 13.1% from a year earlier, according to Fidelity Investments’ Q2 2026 Building…
Ford announced Thursday that it’s planning to expand its manufacturing presence in Kentucky with a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant. The investment will allow for the construction of a new paint shop, which will replace its existing paint shop and further…
Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of…
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The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year,…
For decades, Americans were given the same advice about money: Find a good financial adviser. Trust the person, not just…
Investors are increasingly focused on not just how they invest their money but also how they can optimize their after-tax…
As more Americans take a hands-on approach to their finances, many are weighing whether to invest in exchange-traded funds (ETFs)…
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A strong credit score can be the key to major financial purchases and affordable loans, but some states saw notable declines that created a “perfect storm” for Americans’ wallets, according to a credit repair expert. On Thursday, WalletHub released its list of the states with…
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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 and Texas Tech University, although more universities are expected to join later this year.Students and…
Casino and resort operator Bally’s issued a warning that it may struggle to keep up with its debt burden over the next year, and there is “substantial doubt” about its ability to remain a going concern. The company made the disclosure in its second quarter earnings report filed with the…
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 Wednesday showed that the gross national debt reached $40,047,425,768,420.22…
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 seeing a decline in average…
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 announced on Monday.A total of 639 bags are affected by…
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 recently, in part due to the growth in debt, with…
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 ago to $47.9 billion, while comparable sales increased 1.7%. Comparable sales…
ChatGPT-maker OpenAI on Tuesday announced that it’s creating a new portal for teenagers between the ages of 13 and 17 as it looks to address concerns about online safety for young people. The company made the announcement exclusively on-air with Fox News’ “Fox & Friends” on Tuesday morning and outlined…
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 affected by the recall.This covers more than 848,000 vehicles in the U.S., including various 2026 and 2027…
L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after an investigation by the board of directors found he engaged in misconduct, which led to the company reaching a separation agreement with him and naming his successor. L3Harris’ announcement didn’t disclose the specific findings of…
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