Economy

How to deduct new car loan interest under the OBBB

If you recently financed a vehicle, you may be in luck when it comes to tax season for the year 2025. Thanks to the One Big Beautiful Bill Act (OBBB)

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Lasted Economy

Mortgage and refinance interest rates today, June 8, 2025: A sharp turn higher

Mortgage rates are on the rise today, with Zillow reporting that the average 30-year fixed interest rate has increased by

Musk vs Trump is a cautionary tale for Silicon Valley

Unlock the White House Watch newsletter for free Are you curious about what Trump’s second term means for Washington, business,

Best high-yield savings interest rates today, June 8, 2025 (best accounts offering 4.3% APY)

Are you wondering how much you could earn with today's savings rates? With the Federal Reserve cutting its target rate

China arms itself for more export control battles

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

I just financed a car for $15,000 at 14.89% APR — but then got a call saying my rate is now 15%. What do I do?

Financing a car at a high interest rate can be frustrating, but what's even worse is being promised a specific

Junk bond sales surge as companies try to beat fresh tariff uncertainty

Unlock the White House Watch Newsletter for Free If you're looking for insights into what Trump's potential second term could

EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports

EchoStar, a telecommunications services firm, is reportedly considering a Chapter 11 bankruptcy filing in order to protect its wireless spectrum

France’s defence spending surge threatened by high national debt

France is facing a challenging dilemma as its high national debt threatens to hinder its defense ambitions. With President Emmanuel