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Economy
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…
Former White House economist warns Biden’s budget catalyzes an ‘economic disaster’
Tax hikes, handouts and living with debt instead of the American dream – one former…
Consumer confidence rebounds despite ongoing tariff concerns
U.S. consumer confidence rose in May after five straight months of deterioration after a pause…
Medicare Advantage plans may cover pet food and other non-health-related items
Some Medicare Advantage plans are offering enrollees surprising supplemental benefits to boost their health, though a…
Federal Reserve to cut staff by 10% in coming years
The Federal Reserve is planning to reduce the workforce at the central bank by 10%…
The pope took a vow of poverty. He may still need to file US taxes.
Will Pope Leo XIV have to file and pay U.S. taxes, despite his strict vow…
Consumer sentiment fell again in May amid inflation worries, tariff uncertainty
U.S. consumer sentiment continued to decline in May as Americans' expectations about future inflation rose…
Moody’s downgrades US credit rating over persistent budget deficits
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch…
UK to spend $4 billion on job training to curb reliance on migrant workers
Britain will spend a record $4 billion to increase training opportunities, as part of an…
Treasury Secretary Scott Bessent downplays Moody’s US credit downgrade
Treasury Secretary Scott Bessent downplayed the impact of Moody's downgrading the U.S. government's credit rating in…
Student loan delinquencies send credit scores plummeting for millions
A 100-point drop in a credit score can be "absolutely catastrophic." It can also take…
California Avocado Commission says avocado orchards face ‘catastrophic’ risk
The California Avocado Commission (CAC) is urging the Trump administration to take actions to help…
