Credit card debt set to hit record levels as consumer holiday spending rises
Consumers are on track to set a spending record this holiday season. But leaning on credit cards could come at a high cost.
Consumers are on track to set a spending record this holiday season. But leaning on credit cards could come at a high cost.
Elon Musk faces online mockery after accidentally referring to his rebranded social media platform X as Twitter. Despite the rebranding effort last year, users and Musk continue using the old name, raising questions about its effectiveness. Musk’s recent slip, amidst controversy and loss of market value, highlights ongoing identity challenges.
Congress president Mallikarjun Kharge’s family-run trust withdrew a request for a five-acre site in Bengaluru’s Aerospace Park for a multi-skill development centre, following BJP’s allegations of favoritism and an ongoing investigation. The family cited politically motivated allegations as the reason for their decision.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence server manufacturing factory near Houston. CBS News MoneyWatch correspondent Kelly O’Grady reports.
Measles cases in Texas from an outbreak in Gaines County are growing. There are now more than 120 cases confirmed. CBS News’ Omar Villafranca reports.
Delhi University plans to appeal to the High Court to overturn a Rs 1 crore compensation ordered for cleaning public property defaced during the recent Students’ Union elections. The court has summoned candidates from the September elections for a hearing on October 28. DU officials stated that the financial burden is substantial, and they cannot…
A former Black Lives Matter organizer elected as mayor of South Fulton, Georgia, in 2021 got a rude awakening Tuesday when a city councilwoman told him to stop playing the “victim” after charging tens of thousands of dollars on his city credit card. At Tuesday’s city council meeting in the Atlanta-area, Mayor Khalid Kamau, who…