The US could breach the debt ceiling and run out of money to pay its debts as soon as June 1. Other debt-ceiling crises have been solved through bipartisan deals, but this one is tense. Republicans want major spending cuts,…
Warren Buffett said the key to avoiding mistakes is to “write your own obituary,” and live up to it. Buffett was doling out life advice and investing tips at a shareholder’s meeting on Wednesday. Avoid debt, stay in the game,…
Corporate default rates are at the highest level in years, according to a bankruptcy report released on April 14 by ratings agency Moody’s. Widespread tech layoffs, rising interest rates, a war in Europe, and a looming recession all weighed on companies’ performances…
SBF, the disgraced ex-CEO of FTX is trying to dismiss 10 out of 13 criminal charges against him. His lawyers said the US government had brought the original indictment against SBF in a “classic rush to judgment.” In January, SBF…
A passenger on a Royal Caribbean cruise spotted a hidden camera in a public bathroom. Another passenger who was seen in a video setting up the camera was arrested. The FBI said the video showed adults and minors as young…
A New York state judge muzzled Trump with a social media gag order in his hush-money indictment. Judge Juan Merchan, whom Trump has railed against on Truth Social, issued the order on Monday. Trump will be permitted to view “limited”…
The Biden administration is proposing a new rule to address airline passengers’ rights in the US. It would require airlines to provide cash compensation for flight delays and cancellations. JetBlue and Alaska Airlines are the only carriers that offer flight…
Over 18 million square feet of San Francisco’s office space is vacant, the SF Chronicle reported. Thirty-one percent of San Francisco’s downtown offices is reportedly open for lease or sublease. The Chronicle’s interactive map of the vacancies in downtown San…
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New home listings are down more than 20% from a year ago amid tight inventory and high mortgage rates. Homeowners don’t want to give up their lower rate and buy a new home at today’s elevated mortgage rates near 7%. …
