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Economy
States raise taxes on rich to plug budget gaps and offset federal cuts
Blue states around the U.S. are planning tax hikes on wealthy residents to bring in…
JPMorgan CEO Dimon: US economy resilient but significant risks persist
JPMorgan Chase CEO Jamie Dimon on Tuesday said that while the U.S. economy has stayed strong…
DOJ abandons lawsuit against Southwest Airlines for allegedly chronic flight delays
The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays.…
What does it mean that Moody’s downgraded the United States credit rating?
Moody's Ratings on Friday announced a downgrade of the U.S. government's credit rating, moving it…
California Avocado Commission says avocado orchards face ‘catastrophic’ risk
The California Avocado Commission (CAC) is urging the Trump administration to take actions to help…
Student loan delinquencies send credit scores plummeting for millions
A 100-point drop in a credit score can be "absolutely catastrophic." It can also take…
Treasury Secretary Scott Bessent downplays Moody’s US credit downgrade
Treasury Secretary Scott Bessent downplayed the impact of Moody's downgrading the U.S. government's credit rating in…
Moody’s downgrades US credit rating over persistent budget deficits
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch…
Consumer sentiment fell again in May amid inflation worries, tariff uncertainty
U.S. consumer sentiment continued to decline in May as Americans' expectations about future inflation rose…
The pope took a vow of poverty. He may still need to file US taxes.
Will Pope Leo XIV have to file and pay U.S. taxes, despite his strict vow…
Federal Reserve to cut staff by 10% in coming years
The Federal Reserve is planning to reduce the workforce at the central bank by 10%…
Medicare Advantage plans may cover items not associated with health, such as pet food
Some Medicare Advantage plans are offering enrollees surprising supplemental benefits to boost their health, though a…
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