business news

JD Vance repeats inflated immigration figures rejected by experts

Republican vice presidential nominee JD Vance made a dubious immigration claim Thursday as he blamed Vice President Kamala Harris for…

Interest payments on the national debt top $1 trillion as deficit swells

The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its…

Here’s the deflation breakdown for August 2024 — in one chart

Inflation cooled in August and fell to its lowest level since February 2021, which was around the time the consumer…

NYPD Commissioner Edward Caban resigns amid federal nightclub probe

NYPD Commissioner Edward Caban resigned Thursday from his post helming the country’s largest police department amid a federal investigation into its nightclub enforcement, according…

Gilead says its twice-yearly shot cut HIV infections by 96% in trial

Gilead‘s twice-yearly shot reduced HIV infections by 96% in a second large study, the company said Thursday. The positive phase-three…

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…

Wholesale prices rose 0.2% in August, in line with expectations

Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…