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Economy
IRS announces 2026 tax changes with higher standard deductions and brackets
TheĀ Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions,…
December FOMC: Fed cuts rates for third time this year amid economic uncertainty
TheĀ Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers…
Trump trade adviser warns India to stop buying Russian oil
A key Trump administration trade adviser warned in an op-ed on Monday that India needs…
US debt tops $37 trillion for first time as OBBBA adds room for more
The federal government's grossĀ national debt topped $37 trillion for the first time in history last…
Goldman Sachs new Dallas Texas campus to house 5,000 workers by 2028
One of the most significant names on Wall Street, Goldman Sachs , is in the…
States raise taxes on rich to plug budget gaps and offset federal cuts
Blue states around the U.S. are planning tax hikes on wealthy residents to bring in…
Trump admin’s Fannie, Freddie IPO plan draws interest from banks: sources to Bartiromo
Several Wall Street banks are pitching PresidentĀ Donald Trump about handling the initial public offering (IPO)…
China imposes restrictions, warns foreign buyers against rare earth stockpiling
China appears to be building up a new "leverage point" against foreign nations as it…
Mortgage rates fall to 6.58%: Freddie Mac
Mortgage rates fell to the lowest level of the year this week, mortgage buyer Freddie…
Social Security beneficiaries may see 2.7% COLA increase in 2026 payments
The projection forĀ Social Security's annual cost-of-living adjustment (COLA) for next year is getting higher, according…
Inflation concerns return as July PPI surges more than expected
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of…
Starbucks CEO wants 4-minute service goal with Green Apron program
Four minutes or less. That is how long the Starbucks chief executive officer would like…
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