Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters
Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50...
Jamie Dimon warns of pre-financial crisis parallels, says some people doing ‘dumb things’
JPMorgan Chase CEO Jamie Dimon issued a warning that some of the conditions in financial markets are reminding him of the...
Aston Martin to cut up to 20% of its workforce
British luxury automaker Aston Martin said on Wednesday that it will cut up to 20% of its workforce as tariff...
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Americans hit with soaring electricity bills as price hikes outpace inflation nationwide
Americans are facing rising electricity costs around the country as winter weather...
FedEx says it will return any tariff refunds to customers, shippers who paid them
FedEx announced Thursday it will return any tariff refunds it may receive...
eBay cuts 800 jobs across company operations just days after dropping $1.2B on trendy Gen Z fashion app
E-commerce giant eBay announced Thursday it is slashing hundreds of jobs, just days after the company dropped $1.2 billion in...
Blue state loses over 180,000 residents in past 5 years as high taxes weigh
A major high-tax blue state has seen a significant population loss due to domestic out-migration over the last five years, new...
Mortgage rates tick higher to 6%
Mortgage rates ticked higher to 6% this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market...
Private sector added 63,000 jobs in February, above expectations, ADP says
Companies in the private sector added 63,000 jobs in February, payroll processing firm ADP said Wednesday. The figure is above...
USDA credits Trump trade deals as agricultural deficit shrinks, farm sector gains ground
The U.S. Department of Agriculture (USDA) recently released a trade forecast showing the farm trade gap narrowing significantly during fiscal...
Rent becoming more affordable for many Americans as market stabilizes
Renters are expected to see some relief from rising prices this year, with the pace of rent growth expected to slow...
FHFA chief says Trump deployed $200B to slash mortgage rates, impact was immediate
Federal Housing Finance Agency (FHFA) Director William J. Pulte said President Donald Trump is moving aggressively to drive down borrowing...
Fed dissent grows as some officials weigh return to interest rate hikes amid stubborn inflation
Federal Reserve policymakers were mostly in agreement on the decision to leave interest rates unchanged despite two calling for cuts,...
Trump pledges to make housing affordable while keeping values up
President Donald Trump said his administration plans to make housing more affordable for new homebuyers while keeping home values high for...
Kevin Hassett says Fed economists should be ‘disciplined’ over tariff study
White House economic advisor Kevin Hassett on Wednesday called for the New York Federal Reserve to punish economists who published a...
Homebuyers refuse to back down as mortgage rates continue hovering stubbornly near 6% mark
Despite mortgage rates just dipping below the 6% mark, American homebuyers aren't retreating just yet. While high mortgage rates have...
Trump admin ramps up effort to revive coal industry as power demand surges
The Trump administration is stepping up its push to reinvigorate the U.S. coal industry as it pursues its goal of boosting...
Mortgage rates fall below 6% for first time since 2022
Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie...
American Express to build 55-floor tower at World Trade Center site
American Express has announced plans for the construction of a 55-floor building at 2 World Trade Center in New York...
US businesses shift away from China under Trump tariffs
A new analysis found that payments made by U.S.-based midsize businesses to firms in China dropped significantly last year as tariffs...
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