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Economy
US must transform defense supply chain into ‘weapon itself,’ expert warns
The historic strikes on Iran revealed more than just U.S. power on the world stage…
Black Friday, holiday shopping hits record spending as Trump advisor credits policies
There is no war on Christmas this year, according to one of President Donald Trump’s…
Fed Chair Jerome Powell says consumers looking to ‘economize’ amid inflation
Federal Reserve Chair Jerome Powell said that policymakers are hearing that a significant segment of American…
Fed Chair Jerome Powell gives advice to his successor before term ends
Federal Reserve Chair Jerome Powell was asked about his future at the central bank beyond the…
IRS 401k catch-up rule changes for high earners starting in 2026 explained
The IRS is changing how Americans can make catch-up contributions to their workplace retirement accounts,…
January FOMC: Fed pauses interest rates amid uncertainty after 3 straight cuts
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of…
New York City tops list of cities with fastest rising cost of living
New York City tops the list of U.S. cities where the cost of living is…
Economist Peter Schiff warns gold rally signals major dollar crisis, economic collapse ahead
As gold prices keep rising, American economist Peter Schiff says investors should view the rally…
Amazon cuts 16,000 jobs while continuing to invest heavily in AI technology
Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of…
Consumer confidence drops to lowest level since 2014 in January survey
U.S. consumer confidence slumped to the lowest level since 2014 in January, sinking below pandemic-era lows…
Federal Reserve likely to pause interest rate cuts at January meeting
Federal Reserve policymakers are expected to hold interest rates steady when they conclude their first…
Heating bills to rise 9.2% this winter for American households nationwide
As millions of Americans deal with the fallout of winter storms and brace for upcoming…
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