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Economy
September Fed minutes reveal cautious approach to future rate cuts
The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last…
Bessent says US housing market in recession due to high interest rates
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that…
Experts predict minimal economic impact from potential government shutdown
A partial shutdown of the federal government may begin at midnight barring action by Congress…
NYC’s financial services industry shrinking, data shows
New York's status as the U.S. economy's leading financial hub could be slipping as a leading…
The Fed, CBO and Trump administration release conflicting economic projections
The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for…
Aviation groups tell Congress government shutdown would harm air travel safety and operations
U.S. airlines and aviation groups are warning Congress that a government shutdown at midnight would…
Electronic Arts goes private in largest leveraged buyout deal in gaming history
Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies…
Electronic Arts faces largest leveraged buyout deal in gaming history
Video game maker Electronic Arts – known for The Sims, Maddel NFL, Plants vs. Zombies…
Americans face soaring coffee costs due to tariffs and production issues
Americans are paying more for their coffee as prices for the caffeinated commodity are near…
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers…
Amazon to pay $2.5B Prime settlement with customer refunds
Amazon is set to pay a historic $2.5 billion settlement after it was accused of…
Mortgage rates rise to 6.3%: Freddie Mac
Mortgage rates rose this week for the first time since mid-July, mortgage buyer Freddie Mac…
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