Money & The Economy
News on Finance, Money, markets and the economy
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Tech Giants Digging Deeper Debt Hole To Reach AI Dreams
Nvidia and a group of major investment firms announced Monday they were launching a $500 billion financing initiative to fund…
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College Costs Surge 10% Higher Than Last Year, New Report Shows
U.S. higher education costs have surged over the past year, according to a Sallie Mae/Ipsos report out Wednesday. The new…
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Bank CEO Says Clock Is Ticking On Dollar’s Dominance—But Iran War May Turbocharge His Timeline
The dollar’s decades-long reign as the world’s reserve currency is facing a darkening outlook as JPMorgan Chase CEO Jamie Dimon…
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Detroit Gets Front Row Seat To China’s Slow Execution Of German Auto
Germany’s once-mighty auto industry is trembling under pressure that strikes at the heart of that country’s national psyche. Volkswagen, Mercedes-Benz…
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Cheated? I Delayed Claiming SS but Didn’t Get My Full Benefits
Dear Rusty: I’m 70 now and took my Social Security benefits at age 68. Social Security would not allow me to…
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The Houthis Could Drive Up Gas Prices Even Further
The Houthi rebels in Yemen have expanded their military campaign against Saudi Arabia, which could drive up gas prices even…
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Trump Admin Putting Major Medical Association’s Billing Code ‘Monopoly’ Under The Microscope
The Trump administration is now scrutinizing the American Medical Association over the “influence” its medical billing codes have on healthcare…
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Warning Signs Flash As America’s Oil Reserves Bleed For Iran War
Just when you thought gas prices could not get any higher, the real oil crisis is beginning to brew underground…
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Most Americans Believe Colleges Are Not Doing Enough To Prepare Students For Workforce
Many Americans believe colleges in the U.S. are not doing a good enough job of preparing students for the workforce…
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The Electronics You Rely On Every Day Could Cost Even More By 2027
Taiwan Semiconductor Manufacturing Co. (TSMC) will reportedly raise prices for chip production services by 10% in 2027, according to Nikkei.…
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Young People Own Even Fewer Homes Than We Thought
New data shows that less than a quarter of young people own their own home, as the housing affordability crisis…
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Can my spouse file for Social Security at 63 and then get half of mine when I claim?
Dear Rusty: My spouse is 63 and I am 65. I am planning to take my Social Security benefits at age…
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Why Doesn’t My Social Security Record Show All My Military Earnings?
Dear Rusty: When I look at my earnings on my Social Security account, I see that in 1955 and 1956 have…
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Coke Halts Chicago Milk Production After Cyberattack
Coca-Cola has temporarily halted production of Fairlife Milk after a cyberattack against their production systems on Thursday. An unauthorized third-party…
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Iran War May Throw A Monkey Wrench Into Kevin Warsh’s Plan To Defeat Inflation
The solution to inflation that Kevin Warsh suggested during his first appearance before Congress as Federal Reserve chairman may be…
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