36% of U.S. adults say Biden is a reason why their personal financial situation has improved since 2020. Additionally, 14% cite Congress, 14% say the Federal Reserve and 54% say none of those policymakers, per BankRate. 1 in 2 Americans say their overall financial situation is worse now than

Inflation is highest in Miami. While inflation has moderated, its impact varies across American cities. In October, the Consumer Price Index (CPI) from the Bureau of Labor Statistics showed inflation at 3.2%, down from September's 3.7%. However, certain cities are experiencing more than double this national

The proportion of Americans facing debt in collections has reached a historically low level, according to data released by the New York Fed on Tuesday. Why it matters: This development is a positive indication that, despite certain signs of strain in household finances such as an increase in credit card

The "vehicle explosion" at Rainbow Bridge in Niagara Falls between U.S. and Canada border was an "attempted terrorist attack" with "a lot of explosives in the vehicle at the time," per FOX. Two people were found dead in a vehicle that exploded at

Sam Altman is back as CEO of OpenAI. They wrote: We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details.

Jeff Bezos of Amazon, $AMZN, is expected to be “aggressive” in selling more shares of Amazon today, and may sell as many as 8 to 10 million shares, which would amount to roughly $1 billion worth of stock, per CNBC. Per CNBC: Jeff Bezos is expected to be “aggressive” in

New college graduates are overestimating their starting salaries by $30,000, per CNBC. Recent college graduates entering the job market with high expectations for their salaries might be in for a reality check. Despite a robust job market with low unemployment rates and increased confidence among job seekers, the anticipated

People who purchased homes and locked in 3% mortgage rates in 2020 and 2021 are now reluctant to sell, keeping inventory tight and prices high, per Redfin. "Everyone is locked in 3% mortgage except millennials," Bank of America, $BAC, has said. 82.4% of homeowners in the US

The cracks in the housing market are growing larger as sellers slash prices, per Redfin. The share of US home sellers dropping prices is at a record high, per Fortune. The housing market, known for its resilience and soaring prices, showed signs of a crack in October, particularly among sellers.

Nvidia, $NVDA, is being sued after an engineer during a video conference call with his former employer Valeo shared his screen showing a file that contained data he had stolen from his old job, per Bloomberg. During a video conference call with his former employer, a Nvidia Corp. engineer inadvertently

The share of US home sellers dropping prices is at a record high, per Fortune. The housing market, known for its resilience and soaring prices, showed signs of a crack in October, particularly among sellers. Despite the continuous growth in existing home prices for seven consecutive months, a record number

67% of Republicans and 59% of Independents say their overall personal financial situation has gotten worse since November 2020, per Bankrate.31% of Democrats say the same. 1 in 2 Americans say their overall financial situation is worse now than it was before Biden was elected, per Bankrate. Since the

Makers of refrigerators, boats and teeth straighteners say US consumers are no longer buying big-ticket items, per Bloomberg. Manufacturers of various goods, from refrigerators to dental aligners, are reporting a shift in consumer behavior, indicating a reluctance to make significant purchases, contrary to broader economic spending trends. This cautious

The US Department of Veterans Affairs has asked mortgage servicers to halt foreclosures on veterans through May 2024, per Bloomberg. This six-month suspension aims to facilitate the implementation of a new program, introduced by the White House in October, targeting veterans behind on mortgage payments but ineligible for conventional

81% of full-time workers want a 4-day work week – and they’re willing to make sacrifices to get it, per CNBC. Over 75% of U.S. workers say they could complete the same amount of work in 4 days rather than 5, per CNBC. Owl Labs' "

Binance's CZ, their CEO, is stepping down The U.S. has charged Binance, the world's largest cryptocurrency exchange, with violating sanctions and money-transmitting laws, leading to a $4.3 billion settlement. Changpeng "CZ" Zhao, the founder and CEO, pleaded guilty to associated charges

OpenAI's new CEO, Emmett Shear, who was appointed yesterday, is in talks to resign. Sam Altman, members of the OpenAI board, and the company’s interim CEO are currently engaged in negotiations, exploring the potential reinstatement of the ousted co-founder and CEO at the AI startup. The

Elon Musk says the risk of advanced AI is so high that the public needs to know why OpenAI fired Sam Altman, per Elon. OpenAI announced Altman's termination on Friday, stating only that the company, the creator of ChatGPT, "no longer has confidence in his ability to

If your iPhone battery life seems like it’s getting worse, that’s because it is, per CNBC. There’s a simple explanation. If you’ve owned your iPhone — or any phone — for more than a year or so and plugged it in daily, it typically begins to lose its

Elon Musk's brain chip startup Neuralink has reportedly received interest from thousands of potential patients, per BI. Numerous individuals are reportedly expressing interest in becoming recipients of one of Neuralink's initial brain chips. Founded by Elon Musk in 2016, Neuralink focuses on developing a brain-computer

Biden has forgiven $127 billion in student loan debt, per Bloomberg. President Joe Biden's ambitious plans to cancel up to $400 billion in student debt for millions of Americans faced setbacks at the Supreme Court over the summer. Despite this, Biden has successfully eliminated $127 billion in student

Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce, such as finding a job, getting promoted or buying a house, per CNBC. Gen Z and millennial adults are encountering challenges in reaching the same

700 of 770 OpenAI employees saying they will leave the company now unless changes met, per Bloomberg. OpenAI is currently experiencing widespread dissent, with over 730 employees signing an open letter threatening to resign unless the board steps down and reinstates Sam Altman as CEO, along with cofounder and former

In a recent development at OpenAI, Sam Altman, who co-founded the company in 2015, will not be resuming his role as CEO. This decision follows intense discussions with the board of directors, which terminated his position last Friday, and consultations with other key figures and investors in the company.

US President Joe Biden and Chinese counterpart Xi Jinping went on a one-on-one stroll on the grounds of the Filoli estate south of San Francisco, per Bloomberg. Later, that day: "After today, would you still refer to President Xi as a dictator?" asks a reporter. "