Amazon is running a second Prime Day sale in October
The Prime Day sequel comes as retailers are bracing for a downbeat holiday spending season this year.
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Mortgage credit availability sinks to decade low
The MBA's monthly index measuring credit availability dropped in July to the lowest level since 2013, indicating lending standards are tightening even further.
Credit card balances jumped in the second quarter and are above $1 trillion for the first time
Credit card debt 30 or more days late rose to 7.2% in the second quarter, up from 6.5% in Q1 and the highest rate since the first quarter of 2012.
Nvidia reveals new A.I. chip, says costs of running LLMs will 'drop significantly'
Currently, Nvidia dominates the market for AI chips, with over 80% market share, according to some estimates.
College is more expensive than ever. Here's how families are paying the tab
To cover the rising cost of college, most families have to rely on a combination of resources, including loans, to make it work.
D.C. grand jury that indicted Trump meets Tuesday as election probe continues
Special counsel Jack Smith is investigating efforts by Donald Trump and others to reverse his 2020 election loss to President Joe Biden.
Electric Cadillac Escalade to test GM's EV strategy, cash machine
GM has called the Escalade IQ, which is expected to share little to nothing with the traditional models, the "reinvention of an icon."
DeSantis replaces campaign manager as he scrambles to catch Trump
DeSantis has struggled to close his polling gap with former President Donald Trump and quell reportedly growing concerns from top donors.
Boeing aircraft deliveries fall in July as company plans to raise output
Aircraft deliveries from rival Airbus have outpaced Boeing's so far this year.
Trump likely to face gag order after he targeted prosecutors, witnesses, and judges online, experts say
Special counsel Jack Smith has already flagged Trump's social media tirades as a cause for concern as he seeks a protective order in the election case.
Philadelphia Fed President Patrick Harker suggests interest rate hikes are at an end
A voter this year on the rate-setting FOMC, Harker noted progress in the fight against inflation and confidence in the economy.
Mike Pence qualifies for first GOP presidential debate, joining Trump, DeSantis, Haley and others
Pence joins Ron DeSantis, Nikki Haley, Chris Christie, Tim Scott and other qualifiers — but frontrunner Donald Trump has signaled he'll skip the debate.
It’s official: Scientists confirm July was the hottest month ever recorded
"These records have dire consequences for both people and the planet exposed to ever more frequent and intense extreme events," said C3S's deputy director.
Palantir reports 13% revenue growth, issues guidance that tops estimates
Palantir executives say revenue growth will accelerate in the third quarter, reversing a trend from the last several years.
Space company Redwire trims quarterly losses, builds order backlog past $270 million
Space infrastructure company Redwire reported second-quarter results Monday, as it nearly erased its net losses.
Trump ally Bernie Kerik met with special counsel about Giuliani's effort to overturn election
Former New York Police Commissioner Bernie Kerik worked with Rudy Giuliani on the effort to reverse the 2020 election loss of Donald Trump to President Biden.
Biden kicks off climate policy road trip in battleground Arizona amid record heat
President Joe Biden will hit the road Monday for a rare trip to a state that played a critical role in the 2020 presidential election.
Boeing resets Starliner plan to be ready for first NASA crew flight by March
Starliner continues to be a costly and behind-schedule endeavor for Boeing, with the company absorbing about $1.5 billion in cost overruns to date.
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution
PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services.
Trump counterclaim against E. Jean Carroll dismissed, DA can get deposition
E. Jean Carroll says Donald Trump raped her in the 1990s. A criminal case against the former president involving a porn star payoff is set for trial in 2024.
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