Business + Money

It was revealed that the U.S. national debt has exceeded $34 trillion and is expected to rise in the trillions over the coming decades, with politicians blaming each other instead of coming up with solutions. $34 Trillion National Debt The U.S. national debt has reached an unprecedented $34 trillion, a historic high according to U.S. … Read more

A judge in Beverly Hills has put a stop to luxury home improvements in the midst of a housing crisis, saying that more affordable housing in the area must come first. Upgrades Cost More Some Affordable Homes For homeowners in Beverly Hills, obtaining a building permit any time soon is going to be difficult. In … Read more

The financial world constantly buzzes with expectations and predictions. The new year has brought little relief from the noise as Wall Street’s optimism over potential interest rate cuts by the Federal Reserve has been a major topic. However, the reality presents a different picture – a delay in these anticipated cuts, could lead to pain … Read more

After a federal judge blocked Spirit Airlines $3.8 billion merger with JetBlue Airways, the airline has been propelled into a challenging phase of decision-making and strategizing for its future. Uncertain Future Spirit’s path ahead is clouded with uncertainty. The blocked merger with JetBlue leaves the airline to confront tough choices, including the search for a … Read more

Coinbase’s Chief Policy Officer discusses the SEC-approved spot Bitcoin ETFs and their impact on the crypto landscape. Coinbase Will Be Spot BTC ETF Custodian In a significant development for the cryptocurrency market, Coinbase (COIN) has emerged as the custodian for numerous spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission (SEC).  Insights … Read more

Total trading volume for 11 spot Bitcoin ETFs hit $11 billion on the fourth day of trading. Rapid Growth of Bitcoin ETFs In a new development for the cryptocurrency market, the cumulative volume for 11 spot Bitcoin ETFs has surged past the $11.1 billion mark on the fourth day of their trading journey.  Notable Players … Read more

In a recent development that has significant implications for the airline industry and travelers, a US judge has halted the proposed merger between JetBlue Airways and Spirit Airlines, citing antitrust concerns. This decision not only affects the two airlines involved but is a win for low-cost air travel in the United States. Legal Hurdle for … Read more

In response to the significant increase of migrants in New York City, Governor Kathy Hochul has unveiled an ambitious $2.4 billion proposal to enhance state support. This plan forms a critical part of the governor’s broader $233 billion budget strategy, marking a key moment in New York’s legislative process. Migrant Issue Front and Center Governor … Read more

As economic headwinds like inflation and rising interest rates intensify, more Americans are gearing up to focus on their personal finances. A study by Allianz Life Insurance Company of North America reveals a growing trend among Americans to improve their financial strategies in response to these challenges. Heightened Financial Awareness The Allianz Life’s 2023 New … Read more

The annual American Economic Association meeting left leading economists treading lightly into the New Year.  A Meeting of the Minds After the annual American Economic Association meeting, top economists are left battling their short-term optimism vs. their long-term concerns.  A Look at Last Year At last year’s conference, analysts were caught up in the unanticipated … Read more