Economy

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Powell wants strong economy, controlled inflation before 2026 departure

Despite nearing the end of his term, Federal Reserve Chairman Jerome Powell sidestepped any discussion…

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Large tax refunds coming from One Big Beautiful Bill Act next year, Bessent says

Treasury Secretary Scott Bessent said American households will see "very large refunds" in the tax filing…

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Powell warns housing struggles to continue despite rate cuts

Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with…

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West Palm Beach transforms from tourist spot to big business boomtown

West Palm Beach is no longer just a sun-soaked getaway for retirees and winter tourists…

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Mortgage rates rise to 6.22%: Freddie Mac

Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest…

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Disney licenses 200 characters to OpenAI for Sora video generation program

Disney has come to an agreement with OpenAI Ranch to license its famous characters for…

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Fed cuts rates for third consecutive time, signals only one cut in 2026

Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling…

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December FOMC: Fed cuts rates for third time this year amid economic uncertainty

The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers…

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GoFundMe sees Americans crowdfunding for basic needs like bills and food

GoFundMe’s 2025 "Year in help" review found that its crowdfunding platform was increasingly used by…

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November sees record small business price increases due to inflation

The share of small businesses raising their selling prices jumped by an all-time high in November…

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