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Economy
State Farm asks California to approve rate hikes after wildfires
California homeowners, already devastated by last month’s wildfires, could see their insurance rates go up…
Federal Reserve leaves interest rates unchanged despite Trump pressure
The Federal Reserve on Wednesday said that it will leave its benchmark interest rate unchanged…
Trump White House touts rise of American-born workers
The latest workforce data suggests that American workers have been the main beneficiaries in the labor…
Energy retirements threaten US power grid stability, DOE report finds
The Trump administration's Department of Energy (DOE) on Monday released a report that found currently…
US to impose 25% tariffs on Japan, South Korea on Aug. 1
President Donald Trump on Monday announced the U.S. will impose 25% tariffs on goods imported…
Fed officials urge patience on rate decisions amid tariff uncertainty
Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to…
Fireworks business booms this July 4th as trade talks could fizzle supply
NASHVILLE, Tenn. – The fireworks industry is expecting to get by this Fourth of July…
Ray Dalio warns of economic pain after Congress passes Trump spending bill
Congress officially passed President Donald Trump’s "big, beautiful bill," and billionaire Ray Dalio is warning…
US targets Iranian oil smuggling network, ‘shadow fleet’ with sanctions
The U.S. targeted Iran’s "shadow fleet" and an Iraq-Iran oil smuggling network with sanctions Friday…
Mortgage rates fall to 6.67%: Freddie Mac
Mortgage rates fell for the fifth consecutive week to the lowest level since mid-April, mortgage…
June jobs report: Job growth picked up despite economic uncertainty
The U.S. economy added jobs in June at a faster pace than in recent months,…
Tariffs weighing on consumers’ e-commerce purchases, study finds
A new report suggests that the Trump administration's tariff policies are weighing on e-commerce as consumers…
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