New York City's Hotel Market Is the Envy of the Country
Many of the city's major attractions are outdoing their performance of last year, when New York hosted a near-record 64 million visitors. This year, attendance at Broadway shows is at its highest level since at least 2019, and visits to museums like the Guggenheim on Fifth Avenue are also higher. More than seven million people passed through Times Square in June, up 6% from that month last year.
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Fox News
26 minutes ago
- Fox News
Republican leading House Budget Committee looks ahead after passing Big Beautiful Bill
House Budget Committee Chairman Rep. Jodey Arrington, R-Texas, was praised for the role he played in the passage of the Big Beautiful Bill. However, the congressman says this is the beginning, not the end, of spending reforms. "We will never be able to get a balanced budget or even put our country on a path to a balanced budget and a sustainable fiscal trajectory in one reconciliation bill," Arrington told Fox News Digital. "We're too far down the broken road of bad and irresponsible fiscal behavior. We're too deep in the debt hole for one bill to do it." Arrington, whom House Speaker Mike Johnson called the "the lead budget hawk in the House," said he is "obsessed" with tackling deficit spending, which he sees as the biggest threat to America's future. He believes that addressing the nation's situation in an effective way means creating the "conditions for growing the economy." "So, the pro-growth policies, the tax cuts, the work incentives, opening up our energy assets and deregulating the energy economy, all of those pro- growth policies will reignite economic growth. And that is the foundation for our country's fiscal health and just about everything else: our military prowess, our global leadership, our way of life," Arrington said. The Big Beautiful Bill's journey to President Donald Trump's desk was not pretty, as the legislation received criticism from both sides of the aisle and caused tension among Republicans. Elon Musk, Rep. Thomas Massie, R-Ky., and others argued that it did not take adequate measures to cut government spending. Arrington said he respects Massie and Musk — as well as other critics — but believes that the risk of losing the "good things" in the bill was too high. In the end, the Texas lawmaker sees the tradeoff as "permanent pro-growth tax policy" in exchange for the extra spending in the legislation. "I think there's a big gap in information — and accurate information. Part of it is you've got the Congressional Budget Office putting out these big numbers… two and a half or three trillion dollars in additional deficit that would be added to the national debt over the 10-year budget window as a result of this bill. That is just patently false. It's completely inaccurate," Arrington said, adding that they fail to "consider economic growth and the revenue that will flow back into the treasury when you have pro-growth policies." Trump signed the bill on his self-imposed July 4 deadline, just one day after the House passed the final version of the $3.3 trillion legislation. Before signing the bill, the president said it would "fuel massive economic growth" and "lift up the hard-working citizens who make this country run." So, what's next on the budget chairman's agenda? Just one thing — or three, as he said to Fox News Digital, "spending cuts, spending cuts and spending cuts." "We didn't get into this mess overnight, we won't get out of it overnight, but we'll never get out if we don't start exercising the political will to do what we all say in our campaigns," Arrington told Fox News Digital. "I think we established a great model for restoring fiscal health, and we just have to continue to repeat it and do it in even more dramatic fashion in the future."
Wall Street Journal
27 minutes ago
- Wall Street Journal
How JPMorgan Is Playing the Private Lending Boom
JPMorgan Chase CEO Jamie Dimon says Wall Street's hottest trend is a recipe for a financial crisis, but he's investing billions to get in on it anyway. His plan: swoop in strategically and profit if there's a meltdown. Read more on how the nation's largest bank is playing the private-credit boom:
CNET
30 minutes ago
- CNET
Subscriptions Could Be Killing Your Budget. Here's How I Saved $400 in 15 Minutes
Rocket Money saved me $400 on unwanted subscriptions. It even canceled them for me. Getty Images/Rocket Money/Amy Kim/CNET The last thing anyone wants to do in this economy is lose money. But you may be bleeding cash without even realizing it. A recent CNET study found that the average US consumer spends around $200 a year on subscriptions they aren't using. I've done it myself. It's all too easy to sign up for a free trial or service and forget about it. Subscription companies are happy to take your money each month, whether or not you're actually using the service. And the recent blockage of the FTC's "Click to Cancel" rule could make it harder to cancel unwanted subscriptions. The good news is that there are apps that can help you find the subscriptions you're wasting money on and cancel them for you. I tested Rocket Money to see what it could do for me, and it helped me cut $400 worth of subscriptions in just 15 minutes. Here's how it works. Rocket Money Not only can it help you rein in your spending, but Rocket Money can also help you find and cancel unwanted subscriptions. Details CNET editors choice winner for best budgeting app See at Rocket Money Rocket Money saved me more than $400 in 15 minutes Rocket Money is a budgeting app that monitors your income and expenses, helps you set savings goals and tracks your subscriptions in one place, whether you use the free or paid version. It's also my pick for the best Mint replacement app and won CNET's Editors' Choice award. Rocket Money's paid version, which costs $6 to $12 a month, can also find and cancel some subscriptions for you. You can try this service by navigating to the Recurring tab on the app menu. You'll see subscriptions coming due in the next seven days, ones coming due later and how much you spend on these subscriptions in a year. The first thing I noticed was that my subscription to HGTV Magazine, which costs $50 for a year, was up for renewal in four days. Given my enormous pile of unread back issues, canceling this subscription was a no-brainer. Rocket Money gave me two options: The app could cancel this subscription for me or I could call the number they provided to cancel it myself. I chose to have them do it for me. The app asked for some basic information, including my name, billing address and the reason I wanted to cancel, then confirmed that it was working on it. The process was fairly painless but I have one complaint. I didn't know until after I'd submitted my cancellation request that it could take two to seven days for Rocket Money to complete the cancellation -- I found out from the pop-up confirmation I received after submitting. Fortunately, I was able to respond quickly to the email confirmation Rocket sent me and I received a response within minutes from a customer support rep who said they'd fast-track my cancellation. The next business day, my subscription was canceled. I was hooked. What else was I spending money on without realizing it? I reviewed my other subscriptions and identified a handful I no longer needed: HP Instant Ink: $4.34 per month (for a printer I don't even have anymore) $4.34 per month (for a printer I don't even have anymore) New York Times Digital: $4 per month (the number of free articles I get is usually enough for me) $4 per month (the number of free articles I get is usually enough for me) Wall Street Journal: $4 per month (same as above) $4 per month (same as above) Pandora: $10 per month (a recent switch to Amazon Prime Unlimited made this service unnecessary) $10 per month (a recent switch to Amazon Prime Unlimited made this service unnecessary) Spotify: $10 per month (same as above) I'll admit I barely noticed these small amounts when they hit my bank account each month. I'd grouped them under "Miscellaneous" in my budget and never really thought about them because that category tended to stay within my spending goals. But viewing them all grouped together, it was easy to see how quickly they could drain my budget. By canceling these subscriptions, I saved myself $32.32 per month going forward, for a total annual savings of $387.84. Add that to the savings on my HGTV Magazine subscription and that's an extra $437.81 in my pocket annually. Better yet, even though I'd only installed the app a few months earlier, Rocket Money pulled in subscriptions from years past, allowing me to catch ones that were coming due even though I hadn't paid for them since installing the app. In total, reviewing my subscriptions and having Rocket Money cancel six of them took me about 15 minutes. Not bad to get more than $400 in savings. Rocket Money's free version can still help you cut subscription costs Rocket Money's free version only shows subscriptions -- it won't cancel them for you. To access the cancellation service, you'll need the paid version, which costs $6 to $12 per month. You choose your amount, and you'll enjoy the same features regardless of how much you pay. If you don't want to pay extra for the convenience of having Rocket cancel your subscriptions for you, you could just as easily use the free version to identify your subscriptions and then cancel them yourself. You can also try using Rocket's bill negotiation service, which can help lower your monthly costs, but you'll pay 35% to 60% of your first year's savings if it's able to save you money. How to save on subscriptions without Rocket Money I used Rocket Money to trim my subscription costs because it's the budgeting app I regularly use anyway. I'd rather save a few minutes, especially if it doesn't cost me anything extra. But you can always cancel your subscriptions yourself by calling a customer service line or logging into your online account. These tips can also help you maximize your savings: Note your renewal dates. Whenever you sign up for a new service, note when it's due to renew. Then, set a reminder on your calendar for the week before so you can decide if it's worth renewing and cancel if not. If you sign up for a free trial, use a virtual card to make canceling a breeze. Review your budget regularly. Going over your budget weekly can help you spot subscription charges that have already hit your account and cancel them before they cost you more. But don't just take a cursory glance. Look at each transaction, even the minor ones. I was keeping a general eye on my spending, but I wasn't always doing it line by line to evaluate if each expense was truly worth it. Rotate your streaming services. You can only watch so much content in a month. One of the easiest ways I've found to keep my subscription costs down is to only subscribe to one streaming service at a time. For example, when one of the shows I love dropped its new season on Netflix, I canceled my Hulu and signed up for a month of Netflix. I watched everything that interested me on Netflix before the month was up, then I canceled it and moved on to another service. Take advantage of complimentary subscriptions. Some subscriptions give you free access to other services. For instance, Walmart Plus members get a free Paramount Plus subscription. Amazon Prime membership comes with perks like a free Amazon Music subscription and a free year of Grubhub Plus. Take a look at your existing subscriptions to see if they offer any free perks you can take advantage of. Visit your local library. Many library systems offer free access to newspapers, magazines and movies and TV series on DVD. Check out your local library to see what you can enjoy for free.
