The U.S. minted 1,000 new millionaires each day last year, according to a new report from investment bank UBS. The nation outpaced other countries in wealth growth during 2024, with more than 379,000 people becoming U.S. dollar millionaires for the first time, according to UBS’ annual Global Wealth Report, which …
Read More »As tensions escalate between California and the Trump administration over immigration, another potential battlefront is emerging over taxes. The spat began with reports that the Trump administration is considering cutting funding for California’s university system, the largest higher education system in the nation with about 12% of all U.S. enrolled students. …
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The 12-month grace period for student loan borrowers ended on Sept. 30. The “on-ramp” period helped borrowers who are struggling to make payments avoid the risk of defaulting and hurting their credit score. “The end of the on-ramp period means the beginning of the potentially harsh consequences for student loan …
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Detroit — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang onto their vehicles largely because new ones cost so much. S&P Global Mobility, which tracks state vehicle registration data nationwide, said Wednesday that the average …
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Ford Motor Company has recalled nearly 113,000 F-150 pickup trucks over concerns a rear axle hub could break off, causing the vehicle to lose power or roll away when in park. The recall applies to some 2021-2023 F-150 vehicles “equipped with the Trailer Tow Max Duty package and a 9.75-inch …
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Disney Entertainment-owned channels including ABC and ESPN went dark Thursday night for Charter Spectrum subscribers after the companies failed to agree on terms for Charter to carry Disney programming. The so-called carriage dispute came to a head as ESPN was airing both the U.S. Open tennis tournament and a college football …
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It’s common for employees’ productivity to ebb and flow over the course of a workday. These days, when their energy wanes, workers are shifting gears to take care of personal chores during standard business hours. “It’s kind of a holdover from the height of the pandemic era. You think about …
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Comedian and actor Sarah Silverman is suing OpenAI and Meta, alleging that the technology companies developed artificial intelligence tools that freely copied her memoir, “The Bedwetter,” without permission. Silverman, an Emmy-winning performer and former cast member on “Saturday Night Live,” is the latest content creator to file a lawsuit over …
Read More »As more Americans shy away from sugar, artificial sweeteners have stepped in to fill the gap in people’s favorite recipes, with more than 6,000 products manufactured with aspartame. However, on July 13, the cancer research arm of the World Health Organization released a report categorizing the artificial sweetener as “possibly carcinogenic …
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Solar and wind power hit a new record this year, generating more U.S. power than coal for the first five months of the year, according to preliminary data from the Energy Information Administration. It’s the first time on record that wind and solar have out-produced coal for five months, according …
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