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Economy
A Trump official said Lisa Cook engaged in mortgage fraud over two properties
Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump…
December CPI: Inflation remained persistently high as Fed rate cuts on hold
Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's…
Jamie Dimon says AI job loss fears are overblown, touts reskilling
JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty…
BMW recalls nearly 30,000 hybrid vehicles over engine starter fire risk
BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a…
California grocery prices could rise as plastic packaging fees take effect
California consumers could soon see higher grocery bills as the state begins implementing a sweeping…
Social Security 2027 COLA projected at 3.8% amid rising inflation
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 amid…
Warsh says Fed policymakers have ‘no tolerance’ for elevated inflation
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank's policymakers have…
June CPI: Inflation eased following recent surge driven by Iran war
This story about the June 2026 CPI inflation report will be updated with further details.…
Volkswagen CEO warns up to 100,000 jobs may be cut in restructuring
Volkswagen's leadership is warning that the company may need to cut an extra 50,000 jobs…
Grocery prices push 1 in 4 Americans into credit card debt strain, study finds
American families are increasingly being pushed past their financial limits at the grocery checkout counter,…
MagSafe battery chargers recalled over injuries from power banks catching fire
More than 1,000 MagSafe battery chargers have been recalled over burn risks following reports of…
Delta Air Lines says higher fares will hold even if fuel costs drop
Delta Air Lines sees higher fares staying in place for consumers amid higher costs for…
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