Editorial News

The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued to weigh on the nation’s fiscal picture, the Treasury Department reported…

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Borrowers have spent the last few years adjusting to higher borrowing costs amid elevated inflation and rising prices, but many…

A 65-year-old who retires in 2026 may spend an average of $185,500 on health and medical expenses in retirement, according to a new estimate from Fidelity Investments — a price tag that the research shows is unexpectedly high for many retirees. The figure is…

Many Americans are struggling to afford healthcare. Legislators in at least six states this year have approved measures related to patient medical debt, according to a report on legislative policy trends released Wednesday by United States of Care, a nonpartisan think…

Treasury yields fell on Wednesday as traders weighed another tamer-than-expected inflation report. The yield on the 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt — was 3 basis points lower at 4.555%. The yield on the 2-year…

Consumer litigation activity declined across the top three consumer protection statutes in May, according to the latest WebRecon report.  Telephone Consumer Protection Act lawsuits fell 18.2%, Fair Debt Collection Practices Act lawsuits dropped 9.8% and Fair Credit Reporting Act lawsuits declined 8.2% compared with April. The month-over-month pullback follows April’s notable sweep,…

U.S. Treasury yields edged higher on Friday after falling sharply the previous session, while oil prices fell, as traders monitored the prospect of a resolution to the Middle East war. The 10-year Treasury note yield — the main benchmark for mortgages, auto…

Less than two weeks after its record IPO, SpaceX has raised $25 billion in a debt sale. SpaceX on Monday announced a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion. The company said Tuesday that number increased to $25…

Officials from the U.S. Customs and Border Protection agency head to a federal trade court on Tuesday to try to find a way to refund tens of billions of dollars of tariffs that were collected and later deemed illegal by the…

A deal allowing the US to borrow more money has moved closer to becoming law, days before the world’s biggest economy is due to start defaulting on its debt. The measure easily passed the House of Representatives by a vote…