Breaking News: Economy

Why Powell Says Fed Rate Cuts Would’ve Happened Without Tariffs: Unpacking the Impact

Why Powell Says Fed Rate Cuts Would’ve Happened Without Tariffs: Unpacking the Impact

Federal Reserve Chair Jerome Powell recently shared insights on the U.S. economy and interest rates. During a discussion in Portugal, ... Read more

Trump’s ‘Big Beautiful Bill’: How It Could Energize the U.S. Economy Amid Deficit Worries

Trump’s ‘Big Beautiful Bill’: How It Could Energize the U.S. Economy Amid Deficit Worries

The "One Big Beautiful Bill Act" (OBBBA) is making waves in U.S. politics. Passed in a tight 51-49 vote in ... Read more

Trump Urges Mamdani to Prioritize NYC’s Future: Do the Right Thing or Face Funding Cuts

Trump Urges Mamdani to Prioritize NYC’s Future: Do the Right Thing or Face Funding Cuts

President Trump recently made headlines by addressing Zohran Mamdani, a Democratic candidate for New York City mayor. In a Fox ... Read more

Divided Fed Unveils New Rule: What Eased Capital Requirements Mean for Major Wall Street Banks

Divided Fed Unveils New Rule: What Eased Capital Requirements Mean for Major Wall Street Banks

The Federal Reserve is considering changes to a crucial rule that determines how much capital banks need to keep on ... Read more

Powell Stresses Fed’s Duty to Combat Rising Inflation Amid Trump Criticism

Powell Stresses Fed’s Duty to Combat Rising Inflation Amid Trump Criticism

Federal Reserve Chair Jerome Powell recently shared important insights about the U.S. economy and inflation during a press conference. He ... Read more

Exciting News: Fed Governor Waller Hints at Possible Rate Cuts as Soon as July!

Exciting News: Fed Governor Waller Hints at Possible Rate Cuts as Soon as July!

Federal Reserve Governor Christopher Waller recently shared his view that interest rates could be cut as soon as July. He ... Read more

Breaking News: Trump Sends 2,000 National Guard Troops to Bolster Security in Los Angeles

Breaking News: Trump Sends 2,000 National Guard Troops to Bolster Security in Los Angeles

A man confronted security outside the Edward R. Roybal Federal Building in downtown Los Angeles after several days of protests ... Read more

Trump Critiques Powell: Why a Rate Cut Might Not Happen After Wednesday’s Fed Meeting

Trump Critiques Powell: Why a Rate Cut Might Not Happen After Wednesday’s Fed Meeting

With the Federal Reserve poised to announce its latest interest rate decision, President Donald Trump has shared his critical views ... Read more

May Retail Sales Plummet 0.9%: What This Unexpected Decline Means for Consumers

May Retail Sales Plummet 0.9%: What This Unexpected Decline Means for Consumers

Consumers pulled back on spending in May, according to the Commerce Department. Retail sales dropped by 0.9%, which was more ... Read more

Amid G7 Summit: Are Trump’s Allegiances Strengthening or Undermining Global Alliances?

Amid G7 Summit: Are Trump’s Allegiances Strengthening or Undermining Global Alliances?

G7 Summit: Economic Turmoil and Global Challenges The G7 summit is back, and this time it’s in Canada. Leaders from ... Read more