Americans are under intense financial stress as household debt reaches .8T

Americans remain under intense financial pressure, a recently released forecast found — even as some official banking data suggest the economy is stabilizing. On a scale of one to 10, Americans’ financial stress was 6.6 for first quarter of the year, according to the National Foundation for Credit Counseling. It said its Financial Stress Forecast (FSF) is likely to inch up, to 6.7, by the end of the current quarter — warning that consumers remain stuck in a “sustained period of elevated financial strain.” The nonprofit credit counseling group said the latest figures show debt continues to constrain household budgets,…

EU plans to fine Google high triple-digit million euro sum as part of antitrust investigation: report

The European Union is planning to fine Alphabet’s Google a high triple-digit million euro amount as part of an antitrust investigation, Germany’s Handelsblatt newspaper reported on Monday, citing commission sources. The decision is nearing completion and is expected to be announced before the summer break, the paper said, adding it would be the largest penalty the…

Francisco Lindor takes promising step in Mets injury return

The scene — even if it doesn’t mean an imminent return — was still a promising one for the Mets. It was a taste of normalcy in a sinking season. There was Francisco Lindor, out since April 22 with a strained left calf, on the field throwing and fielding ground…

Trump declares Orange County chemical leak a federal emergency

President Trump granted a federal emergency declaration Monday after Gov. Gavin Newsom and California officials spent days warning that a dangerous chemical leak in Garden Grove was at risk of spiraling into a catastrophic explosion. Trump’s approval of a federal emergency declaration unlocks assistance from the Federal Emergency Management Agency…

Madison Avenue tower reaches turning point 

It’s a turning point for 590 Madison Ave., the black granite tower at East 57th Street with a bamboo-filled atrium that attaches to Trump Tower. RXR and Elliott Investment Management purchased the 42-story, 1 million square-foot tower last year from longtime owner State Teachers Retirement System of Ohio for nearly…

Brooklyn’s Refinery at former Domino sugar plant reaches 90% occupancy

Two Trees developer Jed Walentas originally hoped to lease all or most of nearly 500,000 square feet at the Refinery at Domino, the former Brooklyn sugar plant, to a single tenant. It didn’t happen, but the result is just as rewarding. The glass-wrapped envelope inside the 167-year-old brick exterior just…

Will Levis spent ‘exorbitant’ amount of money to make sex tape ‘go away’

Titans backup quarterback Will Levis paid an “exorbitant” financial price to scrap an intimate sex tape with his college girlfriend from the internet after his personal device was targeted by an Eastern European hacking group, according to his mother, Beth. During a Monday appearance on the “Ross Tucker Football Podcast,”…

How Yankees-Mets compare off the field as Subway Series turns 30

For 30 years, each chapter — from Shea Stadium and old Yankee Stadium to Citi Field and the current iteration of the ballpark in The Bronx — has been shaped by the faces on the field. But with the milestone season of the rivalry beginning Friday in Queens, The Post…

What Paul Goldschmidt means to the Yankees beyond his numbers

When the Yankees re-signed Paul Goldschmidt near the end of the offseason, they hoped they were getting a still-impactful future Hall of Fame player. But they knew full well that they were getting back a Hall of Fame person to remain a significant part of their clubhouse. That combination, at…

6 key takeaways from historic Trump-Xi China summit

President Trump wrapped up his whirlwind three-day trip to China after tea and lunch with Xi Jinping early Friday morning, Eastern time.   The commander-in-chief and his Chinese counterpart discussed a wide range of pressing issues over the course of the historic summit, aimed at shoring up relations between Washington…

Supreme Court preserves access to widely used abortion pill, while lawsuit plays out

The Supreme Court on Thursday preserved women’s access to a drug used in the most common method of abortion, rejecting lower-court restrictions while a lawsuit continues. The court’s order allows women seeking abortions to continue obtaining the drug, mifepristone, at pharmacies or through the mail, without an in-person visit to a doctor. Access is…

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