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News Powered By AI

Interest rates may stay higher for longer. What that means for consumers

by News Feed Editor | Aug 24, 2026 | Financial

Federal Reserve officials are expected to raise interest rates in the coming months, which would increase borrowing costs for consumers already facing affordability pressures from persistent inflation above the central bank’s target.

Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

by News Feed Editor | Aug 24, 2026 | Financial

Credit card debt climbed to $1.26 trillion in the second quarter of 2026, with late-stage delinquencies jumping sharply, according to Federal Reserve Bank of New York research released Tuesday.

Data breach notices have already blown past last year’s total — and AI is playing a growing role

by News Feed Editor | Aug 24, 2026 | Financial

Data breach victim notices exceeded 471 million in the first half of 2026, already surpassing last year’s total, with artificial intelligence playing an increasingly significant role in enabling cyberattacks.

Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans

by News Feed Editor | Aug 24, 2026 | Financial

Sen. Bernie Sanders introduced a bill to prevent Social Security benefit garnishment for unpaid federal student loans, backed by Democratic senators Elizabeth Warren and Ed Markey.

401(k) rollovers can be costly — and irreversible. What to know before moving your money

by News Feed Editor | Aug 24, 2026 | Financial

Millions of Americans roll over retirement funds annually, but mistakes can be costly and often irreversible. Recent IRS guidance aims to streamline the process, though financial advisors warn of significant pitfalls.

‘The market is dead’: why aren’t flats in England selling?

by News Feed Editor | Aug 24, 2026 | Financial

England’s flat market has stalled dramatically, with most leasehold properties listed in 2025 remaining unsold within six months. Sellers report minimal viewings and collapsed deals, while leasehold controversies and strict mortgage lending rules deter buyers.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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