A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026. Al Drago | Getty Images United Airlines flight attendants approved a new five-year labor contract with 31% average raises to base pay by August and other improvements, marking the last of the major carriers with unionized flight crews to reach…
Vladimir Vladimirov | E+ | Getty Images Millions of student loan borrowers have recently defaulted on their loans, according to new data from the Federal Reserve Bank of New York. Roughly 1 million borrowers fell into default during the fourth quarter of 2025, and another 2.6 million borrowers did so in the first quarter of…
A customer shops for beef at a grocery store in Los Angeles, April 6, 2026. Justin Sullivan | Getty Images U.S. consumers are blaming the Iran War for the recent inflation surge. But data shows prices are rising in more areas than just energy. The consumer price index climbed 0.6% in April on a seasonally…
The Iran war has pushed up gasoline, groceries and other prices for consumers. Source link
High gas prices are displayed at a Shell gas station on May 11, 2026 in Burbank, California. Mario Tama | Getty Images Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy. The consumer price…
The US Supreme Court in Washington, DC, US, on Monday, April 20, 2026. Graeme Sloan | Bloomberg | Getty Images The U.S. Supreme Court cleared the way on Monday for Alabama Republicans to pursue a congressional voting map more favorable to their party ahead of November’s midterm elections, the latest fallout from the court’s seismic voting rights ruling. The justices lifted a lower court’s…
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors is laying off hundreds of salaried employees in its information technology operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has learned. The global reductions began Monday and will impact about…
Central Park Tower, center, along Billionaire’s Row in New York, US, on Friday, May 1, 2026. Michael Nagle | Bloomberg | Getty Images High-end real estate sales in Manhattan increased in the past month, according to new data, despite New York Mayor Zohran Mamdani’s proposed pied-à-terre tax that brokers warn could cause a wealth flight….
The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025. Eduardo Munoz | Reuters A JPMorgan Chase-led group of banks cut their exposure to a private credit fund co-managed by KKR days before the asset manager announced…
Sales of previously owned homes in April were essentially flat compared with March, rising just 0.2% to 4.02 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were expecting a gain of more than 3%. April sales were unchanged year-over-year. This count is based on closings, so…