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Economy
Powell warns housing struggles to continue despite rate cuts
Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with…
Fed’s July minutes show tariff inflation concerns kept rates unchanged
The minutes of the Federal Reserve's July meeting released on Wednesday showed that policymakers were more…
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…
Google’s $40 billion Texas data centers to create thousands of jobs
Alphabet's Google is investing $40 billion to build new data centers in two Texas counties.…
FHFA evaluates portable mortgages amid housing affordability concerns
Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable…
Mortgage rates rise to 6.24%: Freddie Mac
Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday.…
Beef prices headed to $10 a pound by 2026, industry CEO warns consumers
America’s beef bills are set to keep climbing, according to Omaha Steaks President and CEO…
2026 retirement plan limits increase as IRS boosts 401k, IRA contributions
The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs. Americans…
White House announces reduced tariffs on goods from several countries
The White House announced several trade deals with South and Central American nations that could…
Government shutdown delays October CPI report release indefinitely
The longest government shutdown in history has impacted the release of several key economic reports, including…
Starbucks baristas launch ‘Red Cup Rebellion’ strike in 45 cities nationwide
More than 1,000 unionized Starbucks baristas went on strike at 65 stores in major U.S.…
New York, New Jersey lose nearly $700B from their tax base since 2013: report
A new analysis finds that the states of New York and New Jersey have lost…
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