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Economy
Bessent says markets pricing in Fed rate cuts before year-end
Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of…
Consumer spending on live sporting events up 25% from pre-pandemic levels
A new analysis from the Bank of America Institute found that consumer spending on live sporting…
Fed cuts interest rates for second time amid signs of labor market weakness
The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers…
30 state manufacturing groups call on Congress to end government shutdown
EXCLUSIVE: The ongoing government shutdown is having a negative impact on American manufacturers' operations, and dozens…
Ben & Jerry’s co-founder to make Palestinian-inspired flavor after Unilever blocked it
Ben & Jerry’s co-founder Ben Cohen said Tuesday that parent company Unilever prevented the ice…
Amazon plans largest layoffs in company history: report
Amazon is planning to cut nearly 10% of its corporate workforce beginning Tuesday as part…
Bessent names Fed 5 contenders for Powell’s job
U.S. Treasury Secretary Scott Bessent has whittled down his short list of candidates to replace…
Fed’s expected rate cut comes with an economic dilemma
The Federal Reserve is set to announce its next interest rate decision on Wednesday and the…
Social Security COLA for 2026 revealed after being delayed due to shutdown
The annual inflation adjustment for Social Security benefits was released on Friday and beneficiaries are…
September CPI: Inflation remained well above the Fed’s target
Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as…
High-profile insider trading cases that rocked Wall Street and beyond
The recent arrests of NBA figures Chauncey Billups and Terry Rozier in connection with federal…
Mortgage rates fall to 6.19%: Freddie Mac
Mortgage rates dropped this week to their lowest level in more than a year, mortgage…
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