US gov will back million-dollar mortgages in 2023 for the first time ever

The U.S. government will begin purchasing mortgages worth than $1 million for the first time in high-cost communities like New York City, a record driven by […]

Tax filing websites might have given Facebook your financial information: REPORT

High-profile tax filing websites, including H&R Block, TaxAct and TaxSlayer, have reportedly been giving Americans’ private financial information to through a tool designed to improve advertising, […]

Investors flee the housing market in troubling sign for the economy

Investors bought 30% fewer homes in the third quarter of 2022 compared to the same time period last year, as high borrowing costs pressured investors out of […]

Federal prosecutors had FTX on their radar months before collapse: Report

Federal prosecutors from Manhattan investigated for months the now-bankrupt cryptocurrency exchange FTX in connection with a 1970 law designed to prevent money laundering, but it is unclear […]

Musk reinstates prominent Twitter accounts, no call on Trump

CEO Elon Musk announced Friday that, in accordance with ’s new hate speech policies, comedian Kathy Griffin, psychologist and conservative commentator Jordan Peterson and satirical conservative […]

Biden’s top econ adviser to leave White House amid inflation, recession fears: REPORT

President Joe Biden’s top economic advisor, Brian Deese, is anticipated to depart from the administration by next summer after Biden expressed frustration with Deese’s failure to predict […]

Hackers bribed Meta employees to access users’ Facebook accounts: REPORT

More than two dozen Meta employees and contractors have faced disciplinary measures, including termination, for allegedly taking bribes to give hackers access to users’ accounts, among other […]

Get ‘hardcore’ or get out, Musk tells Twitter employees

CEO Elon Musk told employees that they had until Thursday to agree to an “extremely hardcore” agenda at that would necessitate long hours and “exceptional […]

Dem donor, crypto CEO sued alongside Tom Brady and other stars in class action lawsuit

Ex-billionaire Sam Bankman-Fried and crypto exchange FTX were sued Tuesday alongside several celebrities, including Tom Brady and Shaquille O’Neal, over an alleged effort to use the stars’ […]

Biden’s treasury secretary pours cold water on Dem hopes of Musk investigation: ‘No basis’

Treasury Secretary Janet Yellen said Tuesday that her agency had “no basis” to investigate the finances of following calls from Democrats, including President Joe Biden, to […]

Rampant inflation has eroded New York City’s ‘bold’ $15 minimum wage hike

Nearly four years after New York City’s minimum wage hit $15 per hour, that same wage is now worth just $13 per hour adjusted for inflation, The […]

Big tech execs overestimated their companies’ strength. Now workers have to foot the bill

Executives across the tech industry overestimated the sector’s resilience following pandemic-era shifts in demand, leading to overstaffing at companies that has led to tens of thousands of […]