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Economy
Electronic Arts goes private in largest leveraged buyout deal in gaming history
Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies…
Two potential picks to replace Fed Chair Powell stand out: El-Erian
Allianz chief economic advisor Mohamed El-Erian said Wednesday that he sees two of the contenders…
Venezuela debt crisis thrust into limelight after Maduro ouster
The toppling of Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's…
Oil prices could rise $3 per barrel amid Venezuela export loss concerns
Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices…
Bill Ackman slams California wealth tax plan, says it will drive jobs, money out
Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential…
Bank of America finds spending gap between income groups widens in US
The U.S. is showing signs of a "K-shaped" economy with spending among lower-income consumers showing little…
Federal judge rules Trump administration must secure CFPB funding
A federal judge ruled Tuesday that the Trump administration is legally required to secure funding…
Mortgage rates hit 2025 low offering relief for homebuyers seeking loans
Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the…
Bessent says 4 contenders for Fed Powell’s job
Ahead of the New Year's holiday, President Donald Trump said he will make a decision…
Fed rate cut divides policymakers at December meeting amid uncertainty
Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their…
IRS increases business mileage tax deduction rate by 2.5 cents for 2026
People who use their cars for work will be able to deduct more money per…
Trump attacks Powell as ‘fool,’ accuses Fed chair of gross incompetence
President Donald Trump on Monday launched a renewed attack on Federal Reserve Chair Jerome Powell, accusing…
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