Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it…
This story originally appeared Grist and is part of the Climate Desk collaboration. For the last two decades, homeowners have been able to claim thousands of dollars in federal tax credits to help offset the high up-front costs of going solar. Things were supposed to stay that way through 2034. But, this week, the US…
U.S. Treasury yields spiked on Monday after Moody’s downgraded the U.S.’ credit rating, citing fiscal concerns. At 4:46 a.m. ET, the 30-year Treasury yield was up over 10 basis points to 5.021%. The 10-year yield also rose 10 basis points to reach 4.542%. Meanwhile, the 2-year Treasury yield was up over 2 basis points, reaching 4%. One basis point…
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC, U.S. J. David Ake | Getty Images News | Getty Images U.S. stocks popped last week on the back of a trade truce between America and…
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in Washington, DC. J. David Ake | Getty Images U.S. stocks popped last week on the back of a trade truce between America and China, in which they mutually agreed to cut tariffs for 90 days. Technology stocks…
Dario Amodei, Anthropic’s CEO, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 21, 2025. Gerry Miller | CNBC Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line to amp up its liquidity in an ever-expanding — and expensive — competition in the artificial intelligence industry. Anthropic, founded…
Kent Nishimura | Los Angeles Times | Getty Images Moody’s Ratings slashed the United States’ credit rating down a notch to Aa1 from the highest triple A on Friday, citing the budgetary burden the government faces amid high interest rates. “This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a…
Elite status at hotel and car rental companies can bring a host of benefits, from complimentary breakfast to upgraded vehicles. But achieving these lofty tiers are a stretch for the average traveler. Or are they? Upgraded loyalty status and other travel benefits come with some credit cards, and many of these perks are touted by…
A Frenchman has appealed to two thieves who used his stolen credit card to purchase a jackpot-winning scratch card to come forward, promising to split the €500,000 (£413,664) prize with them. Introducing himself as Jean-David E, the man told RTL radio that since the money would otherwise be seized by the authorities, he is looking…
Juggling 15 credit cards might sound excessive, but Air Force officers Quinn and Brittney Sturgis use them strategically to earn perks and build credit — just one of the disciplined habits that helped them save nearly $500,000 in their 20s. “We never carry a balance,” says Quinn, a 30-year-old pilot. “Whatever the balance was for…
