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Showing
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9161
for "debt"
Wall Street鈥檚 big rally stalls following some discouraging economic data
06/04/2025 04:51pm • NEW YORK (AP) 鈥 Wall Street鈥檚 big recent rally lost some momentum on Wednesday following a pair of potentially discouraging reports on the economy. The S&P 500 finished the day virtually unchanged and remained 2.8% below its all-time high. The Dow Jones Industrial Average fell 91 points, or
The euro is about to get a new member, Bulgaria. What's the eurozone and how do countries join?
06/04/2025 08:10am • FRANKFURT, Germany (AP) 鈥 European Union officials gave the green light Wednesday for Bulgaria to become the 21st member of the euro currency union,, a key EU project aimed at deepening the ties between member countries. The Balkan country of 6.4 million people is to make the switch from its nati
Musk calls Trump's big tax break bill a 'disgusting abomination,' testing his influence over the GOP
06/04/2025 05:26am • WASHINGTON (AP) 鈥 Elon Musk blasted President Donald Trump's鈥渂ig, beautiful bill" of tax breaks and spending cuts as a 鈥渄isgusting abomination" on Tuesday, testing the limits of his political influence as he targeted the centerpiece of Republicans' legislative agenda. The broadside, which M
New South Korean President Lee faces crucial challenges at home and abroad
06/04/2025 04:55am • SEOUL, South Korea (AP) 鈥 Winning a tense election that capped off months of political turmoil, new South Korean President Lee Jae-myung described his victory as the start of the country鈥檚 return to normalcy following the crisis sparked by then-conservative leader Yoon Suk Yeol鈥檚 imposition of
A soccer mystery: Why mighty China fails at the world's biggest sport
06/04/2025 03:56am • In April, Chinese President Xi Jinping visited a company that makes humanoid robots. There he floated an idea to fix the country's woeful men's soccer team. 鈥淐an we have robots join the team?鈥 Xi was quoted as saying on the website of Zhiyuan Robotics. It might be too late. China will be out of
Trump urges senators to get his big tax bill done by July 4th
06/03/2025 11:00pm • WASHINGTON (AP) 鈥 President Donald Trump wants his 鈥渂ig, beautiful鈥 bill of tax breaks and spending cuts on his desk to be signed into law by the Fourth of July, and he's pushing the slow-rolling Senate to make it happen sooner rather than later. Trump met with Senate Majority Leader John T
Post-COVID 'revenge spending' appears to be on the way out
06/03/2025 09:27pm • After COVID restrictions lifted,聽many of us made up for lost time by shopping, leading to a trend known as 鈥渞evenge spending.鈥 Now, with uncertainty surrounding the economy, it appears many are turning in the opposite direction and putting a focus on saving. According to a report by the B
5 Best Budget Apps for Couples in 2025
06/03/2025 08:00pm • If you and your significant other want to join forces and tackle shared financial goals, budget apps can help. They bring all of your financial information together in one shared digital place. No more wondering if your partner paid a bill or where a
debt
balance stands. But which one should you try
What Happens to Credit Card
Debt
When You Die?
06/03/2025 08:00pm • Almost half of American adults -- about 46% -- say that if they died today, their loved ones would inherit their
debt
, according to a 2024 survey. The percentage jumps even higher -- to 58% -- among consumers who make at least $150,000 a year. This shows that the majority of consumers aren't financi
The Latest: Musk slams Trump-backed plan to cut taxes and spending
06/03/2025 07:13pm • Tech billionaire Elon Musk blasted President Donald Trump鈥檚 鈥渂ig, beautiful鈥 bill of tax cuts and spending plans just days after departing the administration. 鈥淭his massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,鈥 Musk posted Tuesday on the social
Trump formally asks Congress to claw back approved spending targeted by DOGE
06/03/2025 06:08pm • WASHINGTON (AP) 鈥 The White House on Tuesday officially asked Congress to claw back $9.4 billion in already approved spending, taking funding away from programs targeted by Elon Musk's Department of Government Efficiency. It's a process known as 鈥渞escission,鈥 which requires President Donald Tr
Payday loan apps pressure users to leave tips, and Md. isn't protecting users, advocates say
06/03/2025 05:38pm • Numerous laws have gone into effect this month in Maryland, but one law set to start in October has consumer protection experts unhappy with the state. They say the new Maryland law doesn't go far enough to address predatory lending practices surrounding "earned wage advances," commonly known as
Wall Street rises again as US stocks pull closer to their records
06/03/2025 04:45pm • NEW YORK (AP) 鈥 U.S. stocks pulled closer to their record on Tuesday as the wait continued for more updates on President Donald Trump鈥檚 tariffs and how much they鈥檙e affecting the economy. The S&P 500 rose 0.6%, coming off a modest gain that added to its stellar May. It鈥檚 back within 2.
Former celebrity lawyer Tom Girardi gets 7 years in prison for stealing millions from clients
06/03/2025 04:18pm • LOS ANGELES (AP) 鈥 A federal judge sentenced disbarred celebrity lawyer Tom Girardi to seven years and three months in prison on Tuesday for embezzling tens of millions of dollars from his clients, including several with severe physical injuries and families of people killed in accidents. U.S. Dis
Education Department says it will not garnish Social Security of student loan borrowers in default
06/03/2025 03:21pm • Borrowers who have defaulted on their federal student loans will no longer be at risk of having their Social Security benefits garnished, an Education Department spokesperson said Tuesday. The government last month restarted collections for the millions of people in default on their loans. An estim
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