In a new analysis, most Americans also owe thousands of dollars other than their home loans, with Gen X footing the most expensive bill compared to different generations.
Tags: US
Federal Judge Blocks Mississippi Law Requiring Social Media to Restrict Access to Children
A US District Court judge blocked the Mississippi state government from enforcing a new law requiring social media users to verify their ages and restrict access by minors to sites if they lack parental permission or consent.
John Deere Cuts 600 Jobs Across 3 Midwest Plants
John Deere said that it was planning to lay off around 600 employees across three of its Midwest factories by the end of August as it intends to focus on its operations in Mexico.
China's UN Envoy Criticizes US AI Investment Restrictions as Divisive
China's UN envoy criticized the United States' recent draft rules targeting investments in artificial intelligence and other tech sectors in China.
Boston Celtics Ownership for Sale Weeks After Winning NBA Championship
The Boston Celtics is up for sale after its majority owner, Boston Basketball Partners LLC, announced its intention to sell all of its shares in the team.
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Prescription drug prices in the US have reportedly climbed over the past decade, with a rate far surpassing inflation.
A coalition of social and racial justice groups argued in a legal brief that a federal ban or forced sale of TikTok would suppress minority voices by disrupting a crucial platform for online connection and advocacy.
Jury Orders NFL to Pay $4.7 Billion in Damages After Breaking Antitrust Laws in ‘Sunday Ticket’ Case
A jury in a California-based US District Court ordered the NFL to pay almost $4.8 billion in damages to a class action after a ruling found the league violating antitrust laws.
The US Department of Justice has launched a nationwide crackdown resulting in charges against nearly 200 individuals involved in healthcare fraud schemes totaling over $2.7 billion
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
In a 6-3 vote, the US Supreme Court dismissed a lawsuit seeking to restrict the federal government’s ability to communicate with social media firms like Google, Meta, and Twitter/X about content moderation.
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.
Oklahoma farmers are alarmed by the presence of Chinese-owned cannabis farms employing heavily armed workers.
