Big spenders are set to boost Las Vegas service workers’ earnings during Super Bowl weekend, but maybe not by much. Sin City expects to host more than 330,000 visitors as…
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Elevated inflation continues to pervade the U.S. economy. And while the pace of 12-month price increases has slowed from the near-double-digit highs reached in the summer of 2022, American consumers…
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Big banks have drastically cut overdraft fees, but customers still paid $2.2B last year
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The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the…
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S&P 500 closes above 5,000 for first time ever, notches fifth straight winning week
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Stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 closed above 5,000 level as strong earnings and economic news chugged on. The Dow…
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Average credit card balances jump 10% to a record $6,360 as more consumers fall behind on payments
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Credit card debt has notched another new high. Americans now owe $1.08 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to…
Honda said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which could deploy unintentionally during a crash. The front passenger seat…
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New sports bundle could give cord-cutting fans their biggest single source of content yet
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Disney, Fox and Warner Bros. Discovery announced plans Tuesday to launch a new streaming service that could become the biggest single source of sports content for cord-cutting consumers. The three…
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A Big Mac combo for $18? Fast foodies are getting fed up with price hikes
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Look no further than the fast-food drive-thru for evidence of inflation fatigue. Food companies have been passing along higher labor and ingredient costs to consumers long after inflation peaked at…
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ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
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Walt Disney’s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, giving consumers a new way to access marquee live sports for the first time, the companies…
The average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December, hitting 7.04%, according to Mortgage News Daily. It comes after the…