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Banking

First Republic seized by regulators as bid accepted from JP Morgan

All depositors of the troubled lender will become JP Morgan clients and have full access to their funds. The California Department of Financial Protection and Innovation has seized First Republic Bank,...
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Personal Finance

The Federal Reserve is expected to hike rates one more time. What that means for you

KEY POINTS The Federal Reserve is still expected to hike rates by one-quarter of a percentage point at this week’s policy meeting. Borrowing rates are already at fresh highs. ...
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Personal Finance

Series I bond rates fall to 4.3% amid cooling inflation

KEY POINTS Series I bonds will offer a 4.3% interest rate through October. The new rate will be effective from May 1 to Oct. 31. Prior to the announcement,...
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Business

Wholesale egg prices may soon drop to $1 for first time since 2021

KEY POINTS Wholesale egg prices, which retailers pay to suppliers, are falling quickly. They were at $1.22 a dozen on April 26, according to Urner Barry data. That’s down...
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Business

Disney fans are fighting online in response to the company’s lawsuit against DeSantis

Walt Disney World vacation-planning forums have turned into political battlegrounds. On Disney World vacation-planning blogs and forums, daily discussion usually revolves around ride wait times, crowd density and annual pass...
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Business

Key inflation gauge for the Fed rose 0.3% in March as expected

Despite a year’s worth of interest rate increases, inflation rose again in March, according to economic data released Friday that the Federal Reserve watches closely. The personal consumption expenditures price...
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Politics

Richard Nixon’s secretary of state, Henry Kissinger, passes away at age 100.

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Critics viewed the tall diplomat & Nobel Prize laureate as a war criminal, despite the fact that she impacted generations of US foreign policy. The...
Lifestyle

U.S. Life Expectancy Rises Following Pandemic

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The United States' life expectancy somewhat increased in 2022 after declining during the pandemic due to fewer Americans passing away from COVID-19. The U.S. Centers...
Food

An emerging trend in US eating is Indo-Chinese cuisine.

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These days, you may find Indo-Chinese cuisine—a zesty, spicy combination of Chinese and Indian cuisine—on the menus of numerous US restaurants. But why is...
Business

Is Tesla’s truck going to bounce back from its fractured start?

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The window of the electric vehicle company's proposed "cybertruck" was broken the last time Elon Musk, the CEO of Tesla, walked onto the podium...
Politics

The aid for Ukraine argument was already a contentious one. Then US border security got involved and complicated it.

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During a recent visit to Washington, the top adviser to Ukrainian President Volodymyr Zelenskyy acknowledged that the days ahead "will be tough" as his...

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