Why student loan delinquencies are soaring - and credit scores are dropping

Millions of student loan borrowers saw their credit scores drop by more than 100 points after student loan delinquencies began showing up on credit reports again this year.

Nissan increases job cuts to 20K by 2027

The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.

Apple considering iPhone price hikes this fall: report

Apple is reportedly mulling higher prices for iPhones released this fall and is weighing product updates that could be cited as causing the price hikes rather than tariffs.

Microsoft to lay off about 3% of its workforce

Microsoft announced a round of layoffs this week that will affect thousands of employees.

April CPI inflation report: Egg prices decline for first time in months

Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.

EPA chief proposes rollback of automatic red-light car engine stop-start feature

Lee Zeldin, the administrator of the Environmental Protection Agency (EPA), proposed rolling back the federal incentives that helped push the automatic start-stop feature in millions of U.S. cars.

Social media food videos about 'recession recipes' are going viral

Some videos focused on "recession" or "budget" meals and recipes have cropped up on the popular social media platform TikTok in recent months.

House GOP unveils spending bill that includes massive Medicaid cuts

House Republicans have unveiled a sweeping bill proposing $880 billion in cuts—largely to Medicaid—to help fund $4.5 trillion in tax breaks central to President Trump's economic agenda.

Orlando sets tourism record with over 75 million visitors in 2024

Orlando welcomed more than 75 million visitors in 2024, setting a new tourism record, according to figures released Thursday by Visit Orlando.

Fed rate and tariffs: Why interest is unchanged again, and what it means for you

Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.

Less than a third of Americans expect to buy a home in the next 5 years, poll finds

Homeownership rates aren't likely to increase substantially in the next few years, and most Americans aren't confident in the housing market, a new poll found.

Microsoft raises Xbox prices globally as tariffs shake gaming industry

Microsoft raised global prices for Xbox consoles and accessories, citing market conditions and rising development costs. The move comes as tariffs spark uncertainty across the gaming industry.

Private sector added 62K jobs in April, well below expectations, ADP says

Private sector job growth slowed sharply in April, with companies adding just 62,000 positions—well below expectations—as employers navigated economic uncertainty, according to ADP.

Senate fails to block Trump’s global tariffs

Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.