Jun 26 Apple increases prices for Macs and iPads, blaming memory chip shortage fueled by AI By Barbara Ortutay, Associated Press The Cupertino, California-based company called the demand spike an “unprecedented challenge” for the consumer electronics industry. Continue reading
Jun 26 Americans are inundated with suspected scams. New polls show why few victims report them By Amelia Thomson-Deveaux, Associated Press Most Americans are inundated with scam attempts on a daily basis — and about 3 in 10 have personally lost money or personal information to scams, according to a new AP-NORC survey. Continue reading
Jun 26 Trump threatens 100% tax on European imports if countries impose tax on digital services By Collin Binkley, Associated Press “Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America,” Trump wrote in a post… Continue reading
Jun 26 Your Social Security benefits could be cut by a quarter in 2032. Here's what to know By Maria Ramirez Uribe Americans’ Social Security benefits will have to be cut by roughly a quarter in six years due to depleted funds, according to a June 9 report from the Social Security Board of Trustees. That’s months sooner than the group had… Continue reading
Jun 25 The new housing bill is historic. Experts say it may fall short for renters most in need By Hannah Grabenstein PBS News spoke with housing experts on how the bill can address the needs of lowest-income households and where the legislation falls short. Continue reading
Jun 25 Key inflation gauge jumps to 3-year high in latest sign of affordability challenges By Christopher Rugaber, Associated Press The increase was largely driven by more expensive gas, as well as pricier semiconductors and other computer equipment that are in high demand for the AI buildout. Continue reading
Jun 23 WATCH: Trump touts the economy in Pennsylvania, following interim agreement with Iran By Mike Catalini, Seung Min Kim, Associated Press Trump's trip to the Allentown-area business comes as he works to try to put the conflict — and the higher gasoline prices it caused — in the rearview mirror as November midterm elections draw closer. Continue reading
Jun 22 Watch 6:39 Remembering the legacy of Alan Greenspan, 'maestro' of the U.S. economy By Paul Solman, Diane Lincoln Estes Alan Greenspan, the former chairman of the Federal Reserve, died Monday of complications from Parkinson’s at the age of 100. Greenspan was widely considered the most powerful Fed chair in modern times, largely presiding over a period of long prosperity,… Continue watching
Jun 22 Former Federal Reserve Chairman Alan Greenspan dies at 100 By Paul Wiseman, Christopher Rugaber, Associated Press Former U.S. Federal Reserve Chair Alan Greenspan died Monday from complications of Parkinson’s disease, said his wife of 29 years, NBC News correspondent Andrea Mitchell. He was 100. Continue reading
Jun 19 Cuba passes sweeping free-market reforms in biggest economic shift since revolution By Andrea Rodriguez, Associated Press Observers on Friday called Cuba’s new free-market reforms the most sweeping economic overhaul of the island’s communist economy since the Cuban revolution, as the grandson of former President Raúl Castro said in an interview that Cuba must seek to move its economy… Continue reading