The U.S. military operation to apprehend and remove Venezuelan leader Nicolás Maduro from power could put pressure on Cuba's economy as the communist country reels from the loss of a key economic and ...
The toppling of Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign defaults - into the limelight.Following years of economic crisis and U.S. sanctions ...
Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according to an industry expert. Still, prices at the pump ...
Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they have been ...
The U.S. is showing signs of a "K-shaped" economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank of Am...
The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on overti...
A federal judge ruled on Tuesday that the Trump administration is legally required to secure funding for the U.S. Consumer Financial Protection Bureau (CFPB), and that failing to do so would violate a...
Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the lowest level of 2025 in the final report of the year. Freddie Mac's latest Primary Mortgage Market Survey, released Wedn...
Ahead of the New Year's holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January. Current Chair Jerome Powell's term expires in May 2026, and...
Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting in December as the U.S. economy faces a challenging combination of risks, according to the min...
People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) announced this week that the standard mileage rate for ...
President Donald Trump on Monday launched a renewed attack on Federal Reserve Chair Jerome Powell, accusing Powell of "gross incompetence" and threatening to sue him over the costly renovation of the ...
