Deutsche Bank predicts US recession in 2023 due to Fed rate hikes

Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.

Biden ‘has not ruled out’ canceling student loan debts, White House says

Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31

Walmart launches truck driving training program for supply-chain workers, raises driver starting pay to $95K

Walmart is raising its pay for its 12,000 truck drivers, with the starting salary for new drivers ranging between $95,000 and $110,000 a year. The move comes as the pandemic has caused severe trucker shortages across the country.

The best and worst times to buy a car amid EV trends and supply-chain woes

If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.

Bitcoin 2022 conference: Miami's cryptocurrency craze on full display

Thousands of crypto enthusiasts are gathering in Miami for Bitcoin 2022 as the city builds its reputation as one of the key locations to develop blockchain technology.

Corn could be the answer to high gas prices

Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.

Biden planning to tap oil reserve to control gas prices

President Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve in a bid to control energy prices.

CDC drops COVID-19 health warning for cruise ship travelers

The Centers for Disease Control and Prevention said that they will leave it up to vacationers to decide whether they feel safe getting on a ship. The cruise-line industry is happy about the move.

Oregon man cashes in forgotten lottery ticket, wins $8.9M

Wilbur Brown of Oregon purchased his winning multi-drawing lottery ticket on Christmas Eve in 2021 and forgot about it until February 2022. That’s when he found out he won the $8.9 million jackpot.