Breaking News: Economy
August Core Inflation Stays Steady at 2.9%: Key Insights from the Fed’s Latest Data
Core inflation stayed steady in August, based on the Federal Reserve’s key forecasting tool. This stability hints that the central ... Read more
Top Former Fed and Treasury Leaders Urge Supreme Court to Prevent Trump from Firing Lisa Cook: What It Means for the Economy
Lisa Cook recently took her oath as a member of the Federal Reserve Board. This moment came during a ceremony ... Read more
Jobless Claims Plummet to 218,000: Surprising Drop Amid Labor Market Concerns
Initial claims for unemployment insurance dropped last week, easing concerns about the labor market. For the week ending September 20, ... Read more
Fed Chief Powell Warns: Are Stock Prices Too Highly Valued? Insights for Investors
Federal Reserve Chair Jerome Powell recently highlighted that asset prices, including stocks, are quite high. Speaking in Providence, Rhode Island, ... Read more
Trump Reveals Murdochs as Potential Partners in Major TikTok Deal: What’s at Stake?
President Trump recently discussed the potential involvement of Rupert and Lachlan Murdoch in a deal to keep TikTok operating in ... Read more
How Trump’s $100,000 Annual Fee on H-1B Visas is Shaking Up Big Tech and Foreign Governments
Major tech companies and foreign governments were caught off guard when President Donald Trump announced a $100,000 annual fee for ... Read more
Why the Fed’s Interest Rate Cut Could Raise Your Mortgage Costs: What You Need to Know
Longer-term Treasury yields have surged this week, even after the Federal Reserve cut interest rates. Investors were hoping for reassurance, ... Read more
Trump’s New Appointee Miran Advocates for Bold Half-Point Rate Cut Amidst Unanimous Support from Federal Reserve
Stephen Miran recently stepped into a significant role as a governor of the Federal Reserve after being confirmed by the ... Read more
Fed’s Upcoming Rate Cut: What 2025 Forecasts Mean for Markets Amid Political Uncertainty
This week, the Federal Reserve is meeting to discuss a key interest rate decision, creating some buzz in both economic ... Read more
Democrats Champion Health Care Reform Amid Looming Government Shutdown: What You Need to Know
Congressional Democrats are focusing on health care in ongoing negotiations with looming threats of a government shutdown. Senate Leader Chuck ... Read more
