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Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to accelerate rate cuts. “I think that we are in good shape, but I think that there are sectors of the economy that are in recession,” Bessent said on […]
A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty Images The scariest thing haunting Halloween this year isn’t a ghost, goblin or ghoul — it’s the price of chocolate. From Snickers to Reese’s to Twix, one of America’s favorite indulgences is getting more […]
A visitor looks at a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea’s SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in generative […]
As the peak holiday shopping season approaches, most U.S. consumers have a downbeat outlook on the economy, according to an annual Deloitte survey published on Wednesday. Most consumers surveyed — 57% — said they expect the economy to weaken in the year ahead, the consulting firm found in a poll of roughly 4,000 respondents. That […]
Bitcoin, the world’s largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at $125,245.57 at 5:12 GMT. Bitcoin’s previous record was $124,480 in mid-August, buoyed by friendlier regulations from US President Donald Trump’s administration and strong demand from institutional investors. REUTERS The cryptocurrency had risen on Friday for an eighth straight […]
Bitcoin rallied about 1.6% Friday, coming close to setting a new record despite widespread economic uncertainty. The cryptocurrency traded at over $122,000 – just below the all-time high of about $124,000 that it notched in August. The rally is a signal that investors may be viewing Bitcoin as another safe-haven asset, like gold, as the […]
September 8, 2025, 2:12pm Fall is in the air, which means millions of American teenagers are sailing into English class. Stakes are high. Will the syllabus plant a life-long love of literature? Or simply send everyone running to ChatGPT? The season shift has me reflecting on my own high school syllabus—and specifically, why some books […]
A soccer coach from Conestoga High School, David Zimmerman, has been suspended after it was found that he was making prop bets on basketball students. The nationally recognized coach didn’t have students using apps like FanDuel or DraftKings, but a tiny operation that apparently exchanged as little as $10. What appears to be a small […]
The price of eggs has dropped just over 61% since President Donald Trump took office in January, after spiking to an all-time high in March. The most recent data from the US Department of Agriculture (USDA) shows white, large shell eggs are now $2.52 per dozen nationally. On Jan. 21, that same carton of eggs […]
Romain Costaseca | Afp | Getty Images Bitcoin continued its rally on Thursday, hitting a brand new record high above $111,000. Bitcoin hit $111,886.41 in early trading hours in London, according to Coin Metrics, before paring some of those gains to trade at around $111,012.00 at 07:03 a.m. London. Bitcoin’s move has been “driven by a mix of positive […]
