Although inflation is moderating, rising prices spurred near-record use of credit cards and installment loans in the first quarter of 2023, according to TransUnion’s latest industry insight report. Credit card balances dipped 1.5% quarter-over-quarter but remained near record highs at $917 billion. That’s an increase of almost 20% over last year, according…

The number of Americans filing for unemployment benefits last week surged to the highest level since 2021, evidence the historically tight labor market is softening in the face of rising interest rates. Figures released Thursday by the Labor Department show initial claims for the week ended June 3 surged by…

DETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup trucks at a plant in Indiana.The investment is the automaker’s third such announcement in the past week involving GM’s next-generation large trucks and SUVs, which are based on the same vehicle architecture…

Apple announced a 15-inch MacBook Air last week. It hits store shelves on Tuesday and costs $1,299 for the base model or as much as $,2499 with upgraded RAM and storage.The MacBook Air has come in 11-inch and 13-inch versions in the past, but this is the first time it’s…

JPMorgan Chase has settled a class action suit from Jeffrey Epstein’s sexual abuse victims. The victims had accused the bank of enabling sex trafficking by the deceased financier when he was a client. A joint statement from the nation’s largest bank and attorneys for the victims said they “have informed…

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Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.In a fast-paced world of cryptocurrencies, new projects emerge with the potential to reshape the industry landscape. InQubeta (QUBE) is one such project that has been gaining significant traction and is poised to surpass established tokens like Shiba…

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Investment Thesis Destination XL Group (NASDAQ:DXLG) is a leading integrated specialty retailer offering Big + Tall men’s clothing and shoes through its 281 stores operating across 46 states in the country. It offers a broadly curated assortment of products with 5,000+ styles across 100 national brands including the likes of…

Italy’s former prime minister Silvio Berlusconi, the billionaire media magnate turned trailblazing populist, has died aged 86, marking the end of a controversial career that transformed the country’s politics.As Italy’s longest-serving postwar prime minister, Berlusconi led the nation in stints totalling almost a decade that were marked by criminal investigations…