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Economy
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%…
Domestic oil production currently thrives, but the Biden administration fights it
Despite the Biden administration's aggressive green energy push, the U.S. still leads the world in…
US national debt hits $37 trillion to reach the latest record
The U.S. national debt surpassed $37 trillion for the first time in the nation's history…
Kodak announces substantial doubt about staying in business
Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was…
July CPI: Inflation continued to rise as tariffs push consumer prices higher
Inflation increased in July and moved further away from the Federal Reserve's target rate as…
Trump executive order could reshape Americans’ retirement portfolios
President Donald Trump's executive order directing financial regulators to include alternative investments in retirement plans like…
Fed Governor Michelle Bowman still sees three interest rate cuts in 2025
Federal Reserve Governor Michelle Bowman said in a speech over the weekend that she still…
US Steel Clairton Coke Works explosion prompts major rescue operation
Rescue crews raced to save multiple people trapped beneath the rubble after an explosion at…
Inflation expected to rise in July CPI release as tariffs impact consumer prices
The Labor Department will release its latest monthly inflation report on Tuesday at a critical time…
Federal budget deficit widens by $109 billion despite tariff revenue influx
The U.S. federal government's annual budget deficit has widened by $109 billion so far this fiscal…
Jobs in trades recommended over college degrees for Gen Z students
Terry Schilling, president of the American Principles Project, is encouraging Gen Zers to reconsider the…
Bessent says markets pricing in Fed rate cuts before year-end
Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of…
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