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AI Data Center ‘Frenzy’ Is Pushing Up Your Electric Bill — Here’s Why

The rapid expansion of artificial intelligence (AI) data centers is increasingly affecting electricity prices, leaving many consumers wondering why their utility bills are rising. As tech companies race to support…

FINANCE PERSONAL FINANCE

IRS Releases Guidance for Trump’s Tips, Overtime Deductions: What to Know

The Internal Revenue Service (IRS) has issued new guidance regarding tips and overtime deductions, providing clarity for employers and employees navigating complex tax rules. The updates come amid growing scrutiny…

FINANCE PERSONAL FINANCE

Why the ACA Subsidy Cliff May Discourage Some People from Working

The Affordable Care Act (ACA) provides subsidies to help millions of Americans afford health insurance, but experts warn that the “subsidy cliff” may inadvertently discourage some people from increasing their…

FINANCE PERSONAL FINANCE

Most Retirees Don’t Tell Adult Children About Their Inheritance: What to Know

When it comes to inheritance planning, many retirees choose to keep their intentions private, leaving adult children in the dark about what they may eventually receive. According to recent surveys,…

FINANCE PERSONAL FINANCE

Shoppers Curtail Black Friday Plans to Stretch Their Budgets, Limit Debt

As the holiday season approaches, consumers are adjusting their Black Friday shopping strategies, prioritizing budget management and minimizing debt. Retailers report that while interest in deals remains strong, many shoppers…

BUSINESS ECONOMY FINANCE

Multifamily Housing Leads CRE Bid Competition in October

Multifamily housing emerged as the dominant sector in commercial real estate (CRE) bid competition during October, reflecting strong investor demand for rental properties amid shifting market dynamics. Analysts say this…

BUSINESS ECONOMY FINANCE

Dick’s Sporting Goods to Shutter Some Foot Locker Stores to Protect Profits

Dick’s Sporting Goods has announced plans to close several Foot Locker locations, citing the need to protect profitability amid slowing sales, rising costs, and changing consumer behavior. The move reflects…

BUSINESS ECONOMY FINANCE

Best Buy Hikes Sales Forecast as Shoppers Upgrade Tech, Splurge on Devices

Best Buy Co. Inc. raised its sales forecast for the upcoming quarter, driven by strong demand from consumers upgrading technology and splurging on electronics. The company’s optimism reflects a combination…

BUSINESS ECONOMY FINANCE

Kohl’s Picks New CEO After a Turbulent Year and Sales Declines

Kohl’s Corporation has named a new CEO as the department store chain navigates a turbulent year marked by declining sales, shrinking foot traffic, and heightened competition. The leadership change comes…

BUSINESS ECONOMY FINANCE

Airlines predict record numbers of travelers this Thanksgiving

Airlines across the United States are forecasting record passenger numbers this Thanksgiving, signaling strong consumer confidence and a robust rebound in air travel. After years of pandemic-related disruption, travelers are…