Treasury Secretary Scott Bessent has whittled down his short list of candidates to replace Federal Reserve Chairman Jerome Powell to five individuals, he said on Air Force One, The Wall Street Journal...
The Federal Reserve is set to announce its next interest rate decision on Wednesday and the monetary policy meeting comes as the economy is facing a weakening labor market as well as elevated inflatio...
The annual inflation adjustment for Social Security benefits was released on Friday and beneficiaries are set to see larger benefits in 2026.Social Security's annual cost-of-living adjustment (COLA) w...
Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate move.The Bureau ...
The recent arrests of NBA figures Chauncey Billups and Terry Rozier in connection with federal gambling probes have garnered national attention, but financial misconduct is hardly new to the business ...
Mortgage rates dropped this week to their lowest level in more than a year, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the ...
Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine.Brent crude futures were up 5%, while West Texas Intermediate crude futures c...
Agriculture Secretary Brooke Rollins on Tuesday said that the U.S. is considering imports of beef from Argentina to reduce prices that have been at record highs this year.Rollins said in an appearance...
Millions of Americans who rely on federal food assistance could face benefit delays if Congress does not break its budget stalemate.The U.S. Department of Agriculture (USDA) sent a letter on Oct. 10 t...
A new analysis breaking down the passthrough of tariff costs finds that U.S. businesses and consumers are shouldering the majority of the cost at this point, rather than foreign exporters.Goldman Sach...
Bible sales spiked in the month of September, following the assassination of Charlie Kirk, according to a report.The 2.4 million copies sold in the U.S. this September was a 36% jump from the same mon...
The United States is pushing back against what it regards as China’s latest attempt to intimidate foreign firms investing in America’s industrial revival.In a fiery statement issued Monday, U.S. Trade...