Trump calls Fed chair Powell a ‘fool,’ threatens lawsuit over headquarters renovation
President Donald Trump on Monday launched a renewed attack on Federal Reserve Chair Jerome Powell, accusing Powell of "gross incompetence" and...
Economy
IRS hands workers bigger tax break for business expenses in 2026
People who use their cars for work will be able to deduct more money per mile on their taxes in...
Further rate cuts in question as Fed policymakers deeply divided over December cut, minutes show
Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting in December as the...
Powell acknowledges labor market slowdown but rejects fears of steep decline
Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last...
US added 64K jobs in November after losing 105K in October, delayed report shows
The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in the labor market. The Labor...
Scott Bessent says real affordability relief, ‘substantial drop’ in inflation coming soon
Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can...
iRobot co-founder says FTC’s opposition to Amazon deal was ‘wrong-minded’ following bankruptcy filing
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from...
FDA announces recall of frozen dessert pints over possible ‘small stones’
A voluntary recall has been issued for pints of a non-dairy frozen dessert over the potential presence of small stones...
PayPal plans to launch bank serving small businesses around the US
PayPal announced this week that it submitted regulatory applications to create PayPal Bank, a new industrial loan company to support small...
Inflation remained elevated in November as Fed considers pausing interest rate cuts
Inflation remained elevated in November at a level well above the Federal Reserve's target rate as policymakers weigh potential interest...
Popular Stories
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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
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Inflation remained well above the Fed’s target in September ahead of rate cut decision
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Mortgage rates fall for second straight week as shutdown, economic uncertainty weigh
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Retail sales surged in March led by autos as consumers looked to beat tariffs
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US job growth cooled in April amid economic uncertainty
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