Today, Senator Elizabeth Warren of the United States introduced legislation aimed at addressing her concerns regarding the alleged misuse of digital currencies in various illicit activities, including money laundering, drug trafficking, sanctions evasion, and more. The bill, which has garnered support from a coalition within the Banking Committee, represents a

Inflation is your fault, per the Atlantic. Meanwhile, 67% of Americans say their income isn’t keeping up with inflation, and 42% say their standard of living is declining, per Empower. Gen Z plans to retire the soonest of all generations, at age 54, per Empower. 72% of Millennials and

It will never be a good time to buy a house, per the Atlantic. Median house price in October decreased 17.6% to $409,300 from year ago. Read full article: https://www.reuters.com/markets/us/us-new-home-sales-fall-more-than-expected-october-2023-11-27/ The Commerce Department reported a larger-than-expected decline in sales of new single-family

America has finally achieved economic nirvana, per BI. The price of everyday consumer items has risen 16.7% while wage growth has been roughly 12.8%, per BankRate. In October, inflation showed no change compared to the previous month, offering a hopeful indication that the persistent high prices in the

In Home Alone in 1990, Kevin spent $19.83 on groceries. Per the DailyMail, the cost of those same groceries would now be $68.99. As the fictional 8-year-old finds himself navigating the world solo, he embarks on a journey to the nearby grocery store to procure essential items like

At 99 last month before passing away, billionaire Charlie Munger shared his No. 1 tip for living a long, happy life. He said to" "Avoid crazy at all costs." In a momentous partnership that captivated millions globally, Warren Buffett and Charlie Munger successfully shaped Berkshire Hathaway (BRK-A,

AI could mean free doctors and lawyers for everybody in 10 years, OpenAI investor Vinod Khosla has said. In the coming 25 years, Vinod Khosla, an investor in OpenAI, envisions the availability of free professional services and humanlike robots facilitated by advancements in AI. During a recent episode of Eric

Gold bars found in Sen. Bob Menendez’s home linked to 2013 robbery, per NYP. In September, during a federal corruption investigation involving Senator Robert Menendez, four gold bars confiscated from him have now been linked to a 2013 armed robbery targeting a New Jersey businessman. The businessman, Fred Daibes,

Gen Z is expected to overtake baby boomers in the workforce by next year, per Axios. The imminent changing of the guards in the workforce, where Gen Z is poised to outnumber boomers early next year, is a transformation anticipated by Glassdoor in its 2024 Workplace Trends report. This shift,

The price of everyday consumer items has risen 16.7% while wage growth has been roughly 12.8%, per BankRate. In October, inflation showed no change compared to the previous month, offering a hopeful indication that the persistent high prices in the U.S. economy might be loosening their grip

Google's, $GOOGL, best Gemini demo was faked, per TC. The demonstration video showcased Gemini AI's impressive capabilities, illustrating how holding a rubber duck could prompt the AI to generate game ideas or provide translations for the word "duck" in various languages. The demo not

Disney, $DIS, has announced plans to develop residential community in NC, per NYP. Storyliving by Disney has revealed ambitious plans for Asteria, a new residential community set to emerge in Chatham County, forming an integral part of the expansive Chatham Park master-planned development orchestrated by the esteemed Preston Development Company.

Democratic legislators in both the U.S. House of Representatives and the U.S. Senate have introduced bills in their respective chambers aiming to prohibit hedge funds from participating in the single-family housing market. They argue that such participation exacerbates supply and affordability challenges. The Senate bill, named the “End

The Depository Trust & Clearing Corporation (DTCC) has just listed Fidelity's spot Bitcoin ETF is now with the ticker $FBTC. Fidelity's Spot Bitcoin ETF has been included in the Depository Trust & Clearing Corporation (DTCC) website with the FBTC ticker, marking a positive development as DTCC

Elon Musk has said he's considering letting Alex Jones back on X/ back on X, nearly a year after declaring he wouldn't reverse the ban on the conspiracy theorist notorious for asserting that the Sandy Hook Elementary School shooting was a hoax. Musk, in a Thursday

McDonald's, $MCD, Big Macs now cost 10% more than in December 2020. US CPI at 3.2% vs 3.3% expected. In October, inflation showed no change compared to the previous month, offering a hopeful indication that the persistent high prices in the U.S. economy might be

Nearly 80% of new homes built for sale in the US are in homeowners’ associations, per Bloomberg. Median house price in October decreased 17.6% to $409,300 from year ago. Read full article: https://www.reuters.com/markets/us/us-new-home-sales-fall-more-than-expected-october-2023-11-27/ The Commerce Department reported a larger-than-expected decline in sales

73% of Gen Zers say they would rather live in the moment, rather than cut expenses, per Intuit. Gen Z plans to retire the soonest of all generations, at age 54, per Empower. 72% of Millennials and 67% of Gen Z say money can buy happiness, per Empower. Empower'

Over the past five years, the average 401(k) balance was essentially unchanged, per Fidelity. Americans are increasingly dipping into their retirement savings to cover housing and medical expenses as living costs rise, as per data released by Fidelity Investments on Monday. The data revealed that 2.3% of workers

Median house price in October decreased 17.6% to $409,300 from year ago. Read full article: https://www.reuters.com/markets/us/us-new-home-sales-fall-more-than-expected-october-2023-11-27/ The Commerce Department reported a larger-than-expected decline in sales of new single-family homes in the United States for October. Higher mortgage rates squeezed out potential buyers,

The Attorney General's office, led by Bob Ferguson, is taking decisive action following successful antitrust lawsuits against major chicken and tuna corporations found guilty of price-fixing. A sum of $40.6 million has been earmarked for financial restitution to assist low-income households across Washington. These lawsuits, which have

The Biden administration is set to forgive $4.8 billion in student loan debt for 80,300 borrowers, per CNBC. The student debt relief is a consequence of the U.S. Department of Education's adjustments to its income-driven repayment plans and Public Service Loan Forgiveness program. U.S.

Americans are doom spending, which is spending money despite economic and geopolitical concerns, per CNBC. Despite widespread concerns about the current economic state, consumer spending has displayed notable resilience. A recent report from Intuit Credit Karma reveals that 96% of Americans are worried about the economy. However, the report also

Former House Speaker Kevin McCarthy announces he's resigning from Congress and will leave at the end of this year, per CNBC. His decision marked a remarkable conclusion to his House career for the former deli counter owner from Bakersfield, California, who rose through state and national politics to

"Return to the office is dead,” Nick Bloom, an economics professor at Stanford University, has said. In the early stages of the Covid-19 pandemic in May 2020, 61.5% of paid, full workdays were conducted from home, as per the Survey of Working Arrangements and Attitudes. However, this percentage