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American Express shares surged Friday after the U.S.’ second-largest credit card company posted strong quarterly earnings, with American Express brass boasting about its wealthier consumer base’s resilience even as the U.S. economy borders on recession. American Express reported $14.18 billion…

The Federal Reserve’s preferred measure of U.S. inflation slowed again in December, data published Friday indicated, but the changes were largely muted and suggest price pressures could be slow to abate heading into the start of the year. The December…

The debate over the U.S. national debt and spending levels is heating up after the federal government hit its $31.4 trillion debt ceiling on Thursday, prompting some to call for a balanced budget – a task that would require substantial…

The landlord who owns Twitter’s headquarters building in San Francisco is escalating his lawsuit against Elon Musk, alleging the company has failed to pay over $3 million in rent. The landlord is only the latest vendor to sue Musk’s company…

It’s been a tough year for Bitcoin and its backers. Even back in 2018, the Oracle of Omaha himself predicted that it and other cryptocurrencies were headed for trouble. “They will come to a very bad ending,” Warren Buffett told…

Updated at 9:15 am EST Verizon Communications (VZ) – Get Free Report posted better-than-expected fourth quarter revenues Tuesday, while topping forecasts for new wireless subscribers despite last years price hikes, but forecast softer full-year profits amid fading customer demand. Verizon…

Tax season is starting for all Americans — but the tax code’s provisions play out very differently for white families compared to families of color, new research says. The tax benefits from some of the most advantageous parts of the…