High in the skies over Argentina, a flight instructor at the controls of a Cessna 150 suddenly turned to his student and reportedly said, “You know what you have to do, carry on.” Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Then he took off his headset, unbuckled … Read more
The number of those worth more than $30 million jumped by 14.4% last year. Source link
U.S. consumers paid higher prices once again in May, with inflation at its highest level in over three years. According to the latest report from the Bureau of Labor Statistics, consumer prices accelerated at an annual rate of 4.2%. CBS News MoneyWatch correspondent Kelly O’Grady has more. Source link
Inflation is likely to have increased for a third straight month in May as the war with Iran sent energy prices higher and ratcheted up pressure on U.S. consumers. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The Bureau of Labor Statistics’ Consumer Price Index for last month … Read more
After weeks of warnings that the Iran war would drive up U.S. food prices, the numbers are finally in: According to data released Tuesday by the Bureau of Labor Statistics, the category it calls “food at home,” otherwise known as your grocery store bill, rose 0.7% in April. That increase marked the biggest one-month jump … Read more
One of the two American service members missing in Morocco jumped into the water to try to save the other missing soldier, defense officials told CBS News on Monday. Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco’s southern coast over the weekend. … Read more
Allbirds is trading in sneakers for servers, selling its footwear brand as it races to reinvent itself as an AI company in a move that sent its stock soaring 600%. The eco-friendly shoe company announced Wednesday that it is transitioning into an AI business, which it plans to name “NewBird AI.” Allbirds said it will … Read more
NEWYou can now listen to Fox News articles! While House Republicans gathered in South Florida to map out their strategy ahead of November’s midterm elections, one GOP lawmaker said she “jumped in to assist” with evacuation efforts overseas amid the U.S.-Israeli conflict with Iran. Rep. Nancy Mace, R-S.C., told Fox News Digital that she traveled … Read more
China reports its exports jumped nearly 22% year-on-year in January to February, while shipments to the US fell 11% Source link
Nearly 43 million Americans have federal student loans, according to the latest data from Congress. Now, a new report from left-leaning advocacy think tanks the Century Foundation and Protect Borrowers has found one out of every four Americans with student loans is delinquent. Data from the University of California Consumer Credit Panel was used for … Read more