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Economy
Some retirees will receive bigger Social Security payments in April
SomeĀ Social Security recipients will see their monthly payment amount increase in April as a recently…
July PCE: Fed’s favored inflation gauge remained elevated
The Federal Reserve's preferredĀ inflation gauge showed that inflationary pressures remained elevated in July, as the…
What is the Strait of Hormuz and how does it impact the global economy?
Iran has warned that it may attempt to close theĀ Strait of Hormuz to shipping traffic…
Kroger to close dozens of stores before 2027
U.S. grocer Kroger is planning to close dozens of stores by the end of next…
Gas prices expected to rise modestly after US strikes on Iranian nuclear facilities
Motorists don't have to worry about a massive spike in prices at the gas pump…
Bourbon Steak at Disney World Swan and Dolphin enforces upscale dress code
A new steakhouse coming to Walt Disney World Swan and Dolphin is going to require…
Fed’s Waller says interest rate cuts could happen as soon as July
TheĀ Federal Reserve has held off on cutting interest rates in 2025 to date, although one…
US gained over 1,000 new millionaires daily in 2024, report says
The U.S. had new millionaires emerge at quite a clip last year. UBS said itsĀ Global…
National debt interest costs soar as Treasury prepares massive refinancing
The Treasury Department will need to refinance nearly one-third of the more than $36 trillion…
Social Security faces a 19% benefit cut when trust funds deplete in 2034
The trustees forĀ Social Security and Medicare released their annual report on the status of the…
NTSB issues urgent warning for Boeing 737 Max engines after bird strikes
The National Transportation Safety Board (NTSB) issued an urgent safety recommendation Wednesday to modify jet…
Trump unhappy with Powell for not cutting rates, floats replacement
President Donald Trump, unhappy with the Federal Reserve for not cutting interest rates, has called…
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