Breaking News: Economy

Southwest Airlines Reports Profit Decline, But Promises Stabilized Travel Demand Ahead

Southwest Airlines Reports Profit Decline, But Promises Stabilized Travel Demand Ahead

Southwest Airlines recently shared its second-quarter earnings. The results didn’t meet Wall Street’s expectations, but the airline said travel demand ... Read more

Investors Brace for Fed Chair Powell’s Speech as Treasury Yields Climb Higher

Investors Brace for Fed Chair Powell’s Speech as Treasury Yields Climb Higher

U.S. Treasury yields ticked up on Tuesday as investors anticipated a speech from Federal Reserve Chairman Jerome Powell. The 10-year ... Read more

Southwest Airlines Reveals Launch Date for Exciting New Seat Assignments and Updated Boarding Process!

Southwest Airlines Reveals Launch Date for Exciting New Seat Assignments and Updated Boarding Process!

Southwest Airlines is about to embrace a big change. Starting January 27, 2025, the airline will implement assigned seating for ... Read more

Why Bessent Urged Trump Not to Fire Powell: Insights from the WSJ

Why Bessent Urged Trump Not to Fire Powell: Insights from the WSJ

Treasury Secretary Scott Bessent recently warned President Donald Trump against firing Federal Reserve Chair Jerome Powell. He emphasized the serious ... Read more

June Update: Wholesale Inflation Stays Steady – What It Means for You

June Update: Wholesale Inflation Stays Steady – What It Means for You

A recent report on wholesale prices revealed that there was no change in June. This raises questions about how tariffs ... Read more

June Sees a Surge in Inflation: 2.7% Annual Increase – What It Means for You

June Sees a Surge in Inflation: 2.7% Annual Increase – What It Means for You

In June 2025, consumer prices saw a small bump, increasing by 0.3%. This rise put the yearly inflation rate at ... Read more

Trump Could Potentially Fire Fed Chair Powell: Insights from Hassett on Conditions That Matter

Trump Could Potentially Fire Fed Chair Powell: Insights from Hassett on Conditions That Matter

National Economic Council Director Kevin Hassett recently spoke about the Trump administration’s stance on Federal Reserve Chair Jerome Powell. He ... Read more

Trump’s Shocking Threat to Revoke Rosie O’Donnell’s Citizenship: What It Means for Free Speech

Trump’s Shocking Threat to Revoke Rosie O’Donnell’s Citizenship: What It Means for Free Speech

President Donald Trump recently made headlines with a bold statement about comedian Rosie O’Donnell. He mentioned the possibility of revoking ... Read more

How the Federal Reserve is Addressing Trump Administration Criticism Over Renovation Plans

How the Federal Reserve is Addressing Trump Administration Criticism Over Renovation Plans

In recent months, the relationship between the Trump administration and the Federal Reserve has become increasingly tense. Key figures, including ... Read more

June Surprise: Treasury Reports Unexpected Surplus Boosted by Soaring Tariff Revenues

June Surprise: Treasury Reports Unexpected Surplus Boosted by Soaring Tariff Revenues

The U.S. government reported a surprising financial twist in June, posting a surplus of over $27 billion. This came after ... Read more