Rhetoric & Writing Studies Major, Adamary Garcia studies inside of the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty Images If your federal student loans were forgiven in 2024, you may be wondering if there are any tax implications. Many borrowers have benefited…
Canned cocktails are having a moment. Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022. They were the second-largest spirit category by volume, behind vodka. Back in 2016, White Claw launched and took the U.S. by storm. The malt-based drink provided an alternative to light…
Dozens of beachfront homes in Malibu, CA were destroyed overnight in the Palisades Fire on Wednesday, Jan. 8, 2025. David Crane | MediaNews Group | Los Angeles Daily News | Getty Images Insurance companies have asked Southern California Edison to preserve evidence related to the devastating wildfires that have swept Los Angeles, according to a…
U.S. Treasury yields jumped to their highest level since November 2023 after the latest jobs data came in stronger than economists had forecast. The 10-year Treasury yield added nearly six basis points at 4.745%. The 2-year Treasury surged more than 10 basis points at 4.369%. One basis point is equal to 0.01% and yields and…
Special Counsel Jack Smith delivers remarks on a recently unsealed indictment including four felony counts against former U.S. President Donald Trump on August 1, 2023 in Washington, DC. Drew Angerer | Getty Images Special Counsel Jack Smith resigned from the Department of Justice on Friday after he completed his two criminal investigations of President-elect Donald…
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg slammed rival tech giant Apple for lackluster innovation efforts and “random rules” in a lengthy podcast interview on Friday. “On the one hand, [the iPhone has]…
The U.S. saw inflation cool in 2024, but economists warn that President-elect Donald Trump’s plan for the mass deportation of undocumented immigrants could greatly affect prices. “Certainly the economic impacts are going to be felt,” said David J. Bier, the director of immigration studies at the Cato Institute. “There’s going to be supply chain issues….
An exchange-traded fund provider is helping investors make more bets on Wall Street’s most profitable momentum trades. GraniteShares, which debuted its first installment of single-stock ETFs in 2022, now manages 20 of them. It includes the GraniteShares YieldBoost TSLA ETF (TSYY), which launched last month. The fund gives investors exposure to Tesla. “This is about…
Americans are still flocking to Sun Belt states, but at a much slower pace than in previous years, according to new U.S. Census data. All of the top destinations — Texas, North Carolina, South Carolina and Florida — saw a significant drop in domestic migration for the year ending July 1, 2024. To track state-to-state…
A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, on Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images The unemployment rate fell for Black women in December, following an alarming increase in the…
