Americans racked up more debt at the beginning of 2024 – and a growing number of households fell behind on payments for several types of loans, according to a New York Federal Reserve report published Tuesday. In the first three months of 2024, total household debt surged to a fresh…

The personal loan market is growing, in part due to the high cost of living. About 14.5% of borrowers use personal loans for everyday expenses, a MarketWatch Guides survey found. The two more common reasons consumers use personal loans are debt consolidation and home improvements. Nearly 21.2% of personal loans…

The arrival of spring means a new group of college graduates will soon be entering the workforce in earnest and facing financial choices that will impact their futures. Between planning for retirement, saving for other goals like purchasing a home or raising children, dealing with student loans and managing their…

DETROIT — United Auto Workers President Shawn Fain is under investigation by a federal court-appointed watchdog who is tasked with monitoring the union and eliminating corruption, according to a Monday court filing.The monitor, Neil Barofsky, is investigating whether Fain abused his power as union president. He also accuses union leaders,…

Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday after the iPhone maker announced a partnership with OpenAI.In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users’ information. He…

An action figure from 1979 that was never officially released in stores has become the most valuable vintage toy ever sold at auction, fetching a final bid that could buy a three-bedroom, two-bath home in many parts of the United States. The Rocket-Firing Boba Fett action figure, modeled after the…

Nothing has caused more issues than the progress or lack thereof of both EBITDA (since the acquisition) and its place in the coming growth for Warner Bros Discovery (NASDAQ:WBD) since the last article. Management has since done a bunch of presentations to try and smooth out the process of going…

From the shores of Lake Geneva to the holiday island of Bali, two events in recent weeks show the importance of Hashim Djojohadikusumo, a powerful tycoon and political fixer, to his brother Prabowo Subianto, the incoming Indonesian president.In the affluent Swiss town of Anières, home to diplomats, bankers and the…

For more than four weeks, Sen. Bob Menendez has been a mostly peripheral figure at his bribery and corruption trial. On Monday, at federal court in Lower Manhattan, the New Jersey Democrat became the main character. Prosecutors’ star witness, businessman Jose Uribe, told the jury for the first time that…

By Haripriya Suresh, VarunVyas Hebbalalu and Aditya Kalra BENGALURU/NEW DELHI (Reuters) – A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India’s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a…