Two NASA astronauts who traveled to orbit on Boeing's Starliner are currently stranded on the International Space Station (ISS) due to multiple issues with the spacecraft. Ground teams are now urgently working to evaluate Starliner's condition. Astronauts Butch Wilmore and Suni Williams were initially set to

Almost two-thirds of Americans considered middle class have said they are facing economic hardship. The cost of owning a home in the US has surged by 26% since 2020, driven by rising expenses such as taxes, insurance, and utilities during a period of high inflation. According to Bankrate, a personal

More than 7,000 companies globally, employing 130 million people, can't pay back loans and are drowning in debt, per AP. They are called zombies, companies so burdened with debt that they are barely surviving, just able to pay the interest on their loans, and often one bad

They are called zombies, companies so burdened with debt that they are barely surviving, just able to pay the interest on their loans, and often one bad business hit away from shutting down for good. An Associated Press analysis found that their numbers have surged to nearly 7,000 publicly

House prices are expected to drop this summer as homeowners who have been waiting out high mortgage rates realize they can no longer delay moving, according to Redfin CEO Glenn Kelman. The head of the online real estate brokerage highlighted indications that the housing market is beginning to become more

The S&P 500 has gone 377 days without a 2.05% sell-off, marking the longest streak for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC. During this period, the index also hasn't seen a gain of at least 2.15%

Rep. Jamaal Bowman and Sen. Bernie Sanders on Friday led a group of progressive lawmakers in announcing legislation that would penalize large corporations with a 95% windfall profits tax for using elevated inflation as a pretext to hike prices and pad their bottom lines. The Ending Corporate Greed Act would

In May, 75.7% of all women age 25-54 were working — a record high, per Axios. : In May, 75.7% of all women age 25-54 were working — a record high. * There was also another increase in employment in the childcare sector, which has enabled more women to work, says Julia

The cost of owning a home in the US has surged by 26% since 2020, driven by rising expenses such as taxes, insurance, and utilities during a period of high inflation. According to Bankrate, a personal finance website, the average annual cost of owning and maintaining a typical single-family home

McDonald's, $MCD, will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S. McDonald’s announced on Thursday that it will launch a $5 meal deal starting June 25 for a limited time at select restaurants across the

Mortgage rates in the US have dropped for a third consecutive week, falling to 6.87%, the lowest level since early April. Home loan borrowing costs eased again this week, with the average rate on a 30-year mortgage dropping to its lowest level since early April. The rate decreased to

US stocks surged to fresh all-time highs on Monday, with the S&P 500 (^GSPC) recording its 30th record close of the year. Wall Street is buzzing with speculation about whether the bull rally that has dominated 2024 still has room to continue. The S&P 500 climbed

Former United States President and leading Republican presidential candidate, Donald Trump, has long supported cryptocurrency, and his advocacy has become more pronounced as the presidential election nears. Recently, Trump has ramped up his cryptocurrency support as part of his 2024 presidential campaign, aiming to become the "crypto president."

The US economy is experiencing a "selective recession," where lower-income Americans are struggling while upper-income consumers are faring well, according to JPMorgan analyst Matthew Boss. Speaking to CNBC on Tuesday, Boss highlighted the disparity between upper-income and middle-to-lower-income Americans. The latter group is having difficulty keeping up with