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Economy
Major health insurers scale back Medicare Advantage plans for 2026
Leading health insurers announced Wednesday that they will scale back their Medicare Advantage offerings next year…
Powell says economic risks shifting in Jackson Hole speech as Fed eyes rate cuts
Federal Reserve Chair Jerome Powell on Friday said that the "balance of risks appears to be…
Government shutdown won’t change October 15 tax extension deadline
Despite the continuing government shutdown, taxpayers who requested an extension earlier this year from the IRS…
Trump says ‘don’t worry about China’ amid trade dispute
President Donald Trump moved to calm fears of an escalating trade war with Beijing on…
US consumer sentiment holds steady in October despite inflation fears
U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation…
More than 20 states at high risk of recession, new analysis shows
The economies of more than 20 states are either in a recession or are on…
UPS may dispose of packages that can’t clear US customs regulations
UPS may begin "disposing of" imported packages if parcels cannot clear U.S. customs regulations, the…
High earners lose 401k catch-up tax break starting in 2026 under new rules
A popular tax break for workers nearing retirement age to make extra catch-up contributions is…
Federal deficit hits $1.8 trillion with record debt interest costs
The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8…
Silver tops $50 an ounce for first time amid geopolitical, economic uncertainty
Silver surpassed $50 an ounce for the first time on Thursday amid a supply shortage…
Mortgage rates fall to 6.3%: Freddie Mac
Mortgage rates fell for the first time in three weeks this week, mortgage buyer Freddie…
IRS announces 2026 tax changes with higher standard deductions and brackets
The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions,…
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