There's a growing concern among investors that demand for U.S. Treasury bonds may diminish, leading to potential higher borrowing costs for the government. Elevated interest payments could reduce funding available for various government programs, from national parks to infrastructure projects. Political disputes over government spending exacerbate this

Sunday night's Kansas City Chiefs vs. New York Jets NFL game attracted a viewership of 27 million people, making it the second-most-watched NFL game of the season. NBC, which broadcasted the game, attributed this strong performance in part to the presence of pop star Taylor Swift. While the

A nationwide test of emergency and wireless alert systems is scheduled for Wednesday at 2:20 p.m. ET. During this test, a message will be broadcast to all cellphones, televisions, and radios in the United States. The Federal Emergency Management Agency (FEMA) announced this exercise in August, and it

Sam Bankman-Fried, the embattled cryptocurrency magnate currently facing federal trial for fraud and money laundering charges, paid NFL legend Tom Brady a staggering $55 million for what can only be described as minimal work conducted over a three-year period. This revelation comes from bestselling author Michael Lewis, who recently penned

Florida's real estate market has achieved a significant milestone, becoming the second most valuable in the United States, according to a recent study by Zillow. This marks a remarkable shift in the national home prices landscape since the onset of the COVID-19 pandemic. Florida's real estate

The Canadian housing market is currently facing a high risk of unraveling, according to expert analysis. The precarious situation is primarily attributed to the significant level of debt that Canadians have taken on in comparison to their incomes. Should mortgage rates continue to rise, which is a likely scenario, many

In recent years, the cost of servicing the United States' debt has been on a relentless rise. This surge is compounded by the looming threat of a government shutdown or, worse still, a default. It's a grim situation exacerbated by political dysfunction that appears to have rendered

Many of us have stretched the truth about our proficiency in tools like Excel or PowerPoint to secure a job, relying on on-the-job learning to master these skills. However, Gen Z is challenging this norm, emphasizing the need for better preparation in the skills that employers value most. While the

A recent report from ATTOM reveals that homeownership expenses have become increasingly unaffordable in a staggering 79% of US counties. This financial strain comes as home prices and mortgage rates continue their upward climb, leaving a significant dent in the average American wage earner's pocket. The study highlights

Mortgage applications in the United States have taken a sharp plunge, reaching their lowest point in 28 years, primarily due to a surge in mortgage rates. The latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2023, reveals a significant

Nordstrom bid farewell to its longstanding five-story department store in San Francisco, marking the end of a 35-year era. The closure comes amidst a broader retail exodus that has gripped the city, reflecting shifting dynamics in the urban retail landscape. The closure of the 312,000-square-foot Nordstrom was announced in

In a significant demographic shift, Japan has reported its most substantial annual population decline since 1968, signaling a pivotal moment in the nation's demographic landscape. The decrease in population is attributed to declining birth rates alongside a noteworthy increase in the foreign population. Japan's Ministry of

Recent data has illuminated a fascinating trend in the U.S. housing market, highlighting the convergence of prices between existing single-family homes and newly built residences. In June, the median price for existing single-family homes, which excludes newly constructed properties, stood at $416,000. Intriguingly, this figure aligns closely with

The U.S. Health and Human Services Department has suggested a reclassification of marijuana to a lower-risk drug category, a move that could potentially ease restrictions on the cannabis industry, according to a Drug Enforcement Agency (DEA) spokesperson's statement to CNBC on Wednesday. Currently categorized as a Schedule

The Biden administration has imposed restrictions on the sale of Nvidia's key microchips to the Middle East due to growing concerns about China's access to critical artificial intelligence (AI) resources. Nvidia, valued at $1.2 trillion, has been directed to obtain permission before exporting certain chips

New York City officials have unveiled a contingency plan to ensure that students can get to school in the event of a school bus drivers' union strike. The plan involves providing alternative transportation options, including ride-sharing services like Uber and Lyft, as well as MetroCards for public transportation. Chancellor

Amazon CEO Andy Jassy has communicated a firm stance on the company's return-to-office policy, stating that employees who defy the mandate to work in the office for at least three days a week might find it challenging to continue their employment with Amazon. Jassy's remarks were

A recent report by Australian workplace sensor provider XY Sense has revealed that over a third of office desks across the globe remain unoccupied throughout the entire workweek. This trend is prompting discussions about the adequacy of current workplace designs, particularly as companies grapple with the challenge of encouraging employees

In the first half of this year, a mere 1% of all US homes underwent a change of ownership, marking the lowest proportion in at least ten years, as per data from Redfin. Merely around 14 out of every 1,000 existing homes transitioned from one owner to another during

A U.S. judge has denied Burger King's attempt to dismiss a lawsuit alleging that it deceived its customers by presenting its Whopper sandwich as larger than it truly is. U.S. District Judge Roy Altman in Miami has ruled that Burger King must face allegations that its

The United States has unveiled a fresh package of military support for Ukraine, encompassing additional air defense and artillery munitions, mine-clearing equipment, and medical vehicles. This comprehensive aid bundle features additional mine-clearing tools, air defense missiles, artillery ammunition, HIMAR (High Mobility Artillery Rocket) systems, and over three million rounds of

The FBI has amassed an astonishing 21.7 million DNA profiles, which is approximately 7 percent of the entire U.S. population, as per data reviewed by The Intercept. To manage its DNA catalog, the FBI is seeking a significant increase in its budget. It aims to nearly double its

Elon Musk has made the decision to transform X (formerly known as Twitter) into an "everything app" that offers a range of functionalities. This includes integrating a payment hub processor within the microblogging social network, along with other tools from its ecosystem. Musk has also previously emphasized that

Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn, announced on Monday that he is entering the race as an independent candidate for Taiwan's presidency in the 2024 elections. Having stepped down as Foxconn's chief in 2019, Gou initially pursued the presidency in that

China Evergrande Group tumbled by up to 87% in Hong Kong trading after a 17-month suspension, plummeting to penny stock status, as the heavily indebted developer revealed further losses and postponed creditor meetings. As of the midday pause on Monday, the company's value shrank to HK$0.35,