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Economy
Trump’s proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to impose a 25% tariff on all goods from Mexico and Canada…
August inflation data suggests larger Social Security COLA increase next year
Social Security beneficiaries are likely to receive a larger cost of living adjustment (COLA) next…
GE Appliances invests $3B to expand US manufacturing operations
GE Appliances is investing more than $3 billion over the next five years to expand…
US national debt hits $37 trillion to reach the latest record
The U.S. national debt surpassed $37 trillion for the first time in the nation's history…
Kodak announces substantial doubt about staying in business
Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was…
July CPI: Inflation continued to rise as tariffs push consumer prices higher
Inflation increased in July and moved further away from the Federal Reserve's target rate as…
Trump executive order could reshape Americans’ retirement portfolios
President Donald Trump's executive order directing financial regulators to include alternative investments in retirement plans like…
US Steel Clairton Coke Works explosion prompts major rescue operation
Rescue crews raced to save multiple people trapped beneath the rubble after an explosion at…
Fed Governor Michelle Bowman still sees three interest rate cuts in 2025
Federal Reserve Governor Michelle Bowman said in a speech over the weekend that she still…
Inflation expected to rise in July CPI release as tariffs impact consumer prices
The Labor Department will release its latest monthly inflation report on Tuesday at a critical time…
Federal budget deficit widens by $109 billion despite tariff revenue influx
The U.S. federal government's annual budget deficit has widened by $109 billion so far this fiscal…
Jobs in trades recommended over college degrees for Gen Z students
Terry Schilling, president of the American Principles Project, is encouraging Gen Zers to reconsider the…
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