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Economy
Mortgage rates rise to 7.03%: Freddie Mac
Mortgage rates rose to more than 7% for the first time since January 2025, mortgage…
Trump’s 50% tariffs on imported steel, aluminum take effect
U.S. President Donald Trump's 50% tariffs on most imported steel and aluminum went into effect…
Nearly 13,000 children’s tower stools recalled over collapse, tipping risk
Nearly 13,000 toddler towers across three brands were recalled after dozens of incidents and 21…
Powell vows not to be ‘shadow Fed chair’ after term as central bank leader ends
Federal Reserve Chair Jerome Powell on Wednesday announced he will remain a member of the…
Fed holds rates steady as Powell’s chairmanship winds down: April FOMC
This story about the Federal Reserve's April interest rate decision is developing and will be…
AAA national average price of regular gas soars as Iran war remains unsettled
The AAA national average price for regular gas has soared to $4.229 as of Wednesday,…
New bill proposes ending Social Security earnings test for working retirees
A new proposal would allow Social Security beneficiaries to continue working without having their benefits…
Leaving California makes homeownership 48% more likely, study finds
Many California residents who move out of the state are finding substantial savings on housing…
Fed expected to hold rates as Powell faces likely final news conference
The Federal Reserve will announce its latest interest rate on Wednesday when Fed Chair Jerome…
Chevron CEO warns aviation strain could worsen as jet fuel crunch deepens
Chevron CEO Mike Wirth warned that strain on the aviation industry could intensify in the…
California farmers say high diesel costs and regulations threaten their survival
In the rugged, salt-sprayed hills of Malibu and the sun-drenched valleys of Moorpark, the Golden…
Bessent disputes Iran $14B sanctions claim as DNC talking point
Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions…
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