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Economy
US to impose 25% tariffs on Japan, South Korea on Aug. 1
President Donald Trump on Monday announced the U.S. will impose 25% tariffs on goods imported…
IRS 401k catch-up rule changes for high earners starting in 2026 explained
The IRS is changing how Americans can make catch-up contributions to their workplace retirement accounts,…
Electronic Arts faces largest leveraged buyout deal in gaming history
Video game maker Electronic Arts – known for The Sims, Maddel NFL, Plants vs. Zombies…
Americans face soaring coffee costs due to tariffs and production issues
Americans are paying more for their coffee as prices for the caffeinated commodity are near…
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers…
Amazon to pay $2.5B Prime settlement with customer refunds
Amazon is set to pay a historic $2.5 billion settlement after it was accused of…
Mortgage rates rise to 6.3%: Freddie Mac
Mortgage rates rose this week for the first time since mid-July, mortgage buyer Freddie Mac…
Metro areas throughout the country to benefit from lower mortgage rates
Metros in Virginia, Colorado and North Carolina with younger, more mobile populations stand to benefit…
US economy hit 3.8% GDP growth in second quarter: Commerce Department
The U.S. economy accelerated in the second quarter as the Commerce Department released its second…
Revolution Wind project back on track after court ruling against Trump
Construction on a U.S. offshore wind project has resumed after a federal judge ruled that…
United Airlines hit by second tech ground stop issue in two months
Operations are back up and running at United Airlines after a brief ground stop due…
Stargate project announces 5 new AI data centers across US states
The $500 billion Stargate project with the aim of giving the U.S. an edge in…
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