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Economy
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…
Fed’s Waller says interest rate cuts could happen as soon as July
The Federal Reserve has held off on cutting interest rates in 2025 to date, although one…
Mortgage rates fall to 6.21%: Freddie Mac
Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest…
Labor secretary defends rising unemployment as sign of stronger job market
Labor Secretary Lori Chavez-DeRemer insisted the job market is strengthening despite new signs of economic…
November CPI: Inflation remained elevated as Fed weighs rate cut pause
Inflation remained elevated in November at a level well above the Federal Reserve's target rate…
Elon Musk predicts AI will create universal high income
Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch…
PayPal applies for bank charter to better support small businesses
PayPal announced this week that it submitted regulatory applications to create PayPal Bank, a new industrial…
Frozen dessert recalled nationwide over potential stones in product, FDA says
A voluntary recall has been issued for pints of a non-dairy frozen dessert over the…
iRobot co-founder says ‘wrong-minded’ opposition to Amazon merger contributed to bankruptcy
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and…
Bessent sees inflation drop in first half of 2025, promises affordability relief
Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott…
November jobs report: US economy added 50K jobs amid economic uncertainty
The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in…
Powell outlines Fed labor market view after third consecutive rate cut
Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after…
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