Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,”…
Business and Economy
Retail sales rose 0.3% in November vs. expectations for a decline
Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation…
Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall…
Why 2024 could be the year student loan borrowers get forgiveness
U.S. President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel…
Maersk Red Sea pause shows Operation Prosperity Guardian limits
A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia,…
4 factors affect how much Social Security retirees receive in 2024
Adamkaz | E+ | Getty Images If you’re a retiree who relies on Social Security benefits…
New FAFSA ‘soft launch’ has some issues, Education Department says
A new Free Application for Federal Student Aid soft launched over the holiday weekend with much anticipation…
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business
Trader works at the post where Alibaba is traded on the floor of the New York…
BYD produced more than 3 million cars in 2023, set to beat Tesla
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The…
New FAFSA launches after a long delay, but with issues
A simplified Free Application for Federal Student Aid is finally online after a significant delay. However, as part…