U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked to cut costs and adopt artificial…
JPMorgan Chase CEO Jamie Dimon warned that high-tax, regulation-heavy states are driving businesses and residents away, accelerating an exodus to pro-growth Sun Belt states like Florida and Texas. Speaking at the America Business Forum in…
The fate of Tesla CEO Elon Musk’s proposed $1 trillion pay package will be in the balance on Thursday as shareholders vote on whether to approve the historic compensation plan. Under the pay plan, which was proposed in September, Musk would receive up to about 12% of Tesla’s stock, which would be…
Most of us know how to use our credit card to make purchases, but not everybody knows how to get cash from a credit card at an ATM. When you use your credit card to request a cash advance, you can withdraw money from your credit card and use it…
Image by GettyImages; Illustration by Bankrate Home equity line of credit (HELOC) rates have dipped to levels not seen since March 2023. The $30,000 home equity line of credit fell eight basis points to 7.82%, according to Bankrate’s national survey of lenders. Meanwhile, the benchmark 5-year $30,000 home equity loan…
President Donald Trump on Wednesday touted his administration’s efforts to curb the size of the federal government’s workforce while expanding private sector payrolls. “Since January, 100,000 bureaucrats have left the federal payroll,” Trump said in remarks at the America Business Forum. “Government spending is down 2.5% this quarter compared to…
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The Federal Reserve cut interest rates for the second time in 2025 last week, though one member of the central bank’s monetary policy committee voted against cutting rates, citing concerns over inflation. Policymakers on the Federal…
