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Economy
44% of Washington DC restaurant owners think they’ll close in 2025
Possible restaurant closures are looming over eateries in the nation’s capital. Forty-four percent of full-service…
Powell pushes back on Musk’s claim Fed is ‘absurdly overstaffed’
Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central…
Domestic oil production currently thrives, but the Biden administration fights it
Despite the Biden administration's aggressive green energy push, the U.S. still leads the world in…
401(k) ‘hardship’ withdrawals surge to another record as high inflation stings
A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in…
Florida man wearing Amazon vest seen swapping package with empty box
A Florida homeowner shared surveillance video of a man in an Amazon vest replacing a…
Wholesale inflation unexpectedly accelerates to highest level since September
Inflation at the wholesale level rose much more than expected in February, the latest sign…
Mortgage rates decline for second week, but no major drops expected soon
Mortgage rates fell for the second week in a row, but economists are not expecting…
Retail sales rebounded in February, but consumers may be growing more cautious
Spending at U.S. retailers rebounded in February, but consumers may be growing more cautious as…
Maine voters split over inflation ahead of 2024 presidential election
President Biden and former president Donald Trump are officially facing off again in the 2024…
Saving for retirement is harder for younger generations due to cost of living: Fidelity
A new report from Fidelity Investments finds that over half of Millennials and Gen Z…
Inflation ran hotter than expected in February as high prices persist
Inflation unexpectedly ticked higher in February thanks to a jump in the cost of gasoline…
Former White House economist warns Biden’s budget catalyzes an ‘economic disaster’
Tax hikes, handouts and living with debt instead of the American dream – one former…
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