Breaking News: Economy

Jobless Claims Plummet to 218,000: Surprising Drop Amid Labor Market Concerns

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

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?

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 0,000 Annual Fee on H-1B Visas is Shaking Up Big Tech and Foreign Governments

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

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

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

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

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

Trump Vows Major Sanctions on Russia: Will NATO Nations Follow Suit?

Trump Vows Major Sanctions on Russia: Will NATO Nations Follow Suit?

President Donald Trump recently shared his readiness to impose significant sanctions on Russia, but only after NATO countries follow suit ... Read more

Immigration Raid Delays Flight: Hyundai and LG Workers Headed to South Korea Finally Depart

Immigration Raid Delays Flight: Hyundai and LG Workers Headed to South Korea Finally Depart

A plane carrying workers from a recent U.S. immigration raid departed for South Korea on September 11, 2025. This flight ... Read more