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US banking goliaths report bumper profits amid turmoil, beat estimates

The banks' earnings were bolstered by higher interest rates, which allowed them to charge more for loans above what they pay out on deposits. Despite tenuous times for the banking...

If you need more time for your tax return, do this today or ‘miss the opportunity,’ pro warns

KEY POINTS April 18 is the last chance for most Americans to avoid late filing and payment penalties for 2022 federal taxes. There’s still time to file an extension...

David’s Bridal Files for Bankruptcy for Second Time in Five Years

The wedding dress retailer, which has some 300 locations, said it “intends to continue exploring a sale of all or some of its assets.” David’s Bridal, the retailer which boasts...

U.S. Car Brands Will Benefit Most From Electric Car Tax Breaks

Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies. American brands like Tesla and General...

JPMorgan tops Wall St forecasts, winning business as crisis roils industry

JPMorgan Chase & Co (JPM.N) beat Wall Street’s estimates for quarterly profit and raised its outlook for interest income on Friday, emerging as one of the biggest winners of a flight...

IMF’s Georgieva sees ‘tangible progress’ on debt issues, urges early reprofiling

 International Monetary Fund Managing Director Kristalina Georgieva said on Friday debtors and creditors made "tangible progress" on debt restructuring issues this week, but called for early reprofiling of debts...

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

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

U.S. Life Expectancy Rises Following Pandemic

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...

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

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...

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

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...

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

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