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Economy
Bessent warns of inflation ‘perfect storm’ amid Trump economic push
U.S. Treasury Secretary Scott Bessent revealed more details about how the Trump administration is fighting…
Three-fourths of voters view economy negatively in new Fox News poll
Voters' views of the economy have dimmed in recent months, as economic concerns that helped…
Gas prices expected to fall to $3 per gallon by 2026, EIA forecasts
Oil and gasoline prices are expected to decline next year, according to the latest forecast…
Social Security to send two SSI checks in December due to calendar quirk
Some recipients of Social Security benefits will receive two checks in the month of December, as…
Musk says AI and robotics only way to solve $38 trillion US debt crisis
Elon Musk said in a new interview that he thinks robotics powered by artificial intelligence…
Black Friday, holiday shopping hits record spending as Trump advisor credits policies
There is no war on Christmas this year, according to one of President Donald Trump’s…
Homebuyers getting record $25,000 price discounts in housing market, report says
A new report finds that homebuyers are receiving some of the steepest price discounts on record…
IRS releases new guidance for ‘no tax on tips’ and overtime deductions
The IRS has released its guidance for the "no tax on tips" and "no tax on…
College grads lose job-market edge as unemployment gap with high school grads hits historic low
College graduates may be losing their edge in the labor market, as the unemployment gap…
Economic effects of tariffs change over time, San Francisco Fed finds
A new analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs…
November consumer confidence hits lowest level since April
Consumer confidence fell more than expected in November and hit the lowest level since this…
New homes closer in price to existing listings as buyers look for better value
The affordability gap between buying newly constructed homes and existing homes declined in the third quarter…
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