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Economy
Nippon Steel says it’s suing Biden admin for blocking US Steel acquisition
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to…
Trump doubles steel tariffs to combat foreign market manipulation
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential…
UPS may dispose of packages that can’t clear US customs regulations
UPS may begin "disposing of" imported packages if parcels cannot clear U.S. customs regulations, the…
High earners lose 401k catch-up tax break starting in 2026 under new rules
A popular tax break for workers nearing retirement age to make extra catch-up contributions is…
Federal deficit hits $1.8 trillion with record debt interest costs
The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8…
Silver tops $50 an ounce for first time amid geopolitical, economic uncertainty
Silver surpassed $50 an ounce for the first time on Thursday amid a supply shortage…
IRS announces 2026 tax changes with higher standard deductions and brackets
The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions,…
Mortgage rates fall to 6.3%: Freddie Mac
Mortgage rates fell for the first time in three weeks this week, mortgage buyer Freddie…
Soybean farmers face financial strain as China halts US purchases
The ongoing trade dispute with China has created serious headwinds for American farmers, with soybean producers…
September Fed minutes reveal cautious approach to future rate cuts
The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last…
WestJet introduces upcharge for reclining seats in new cabin refresh
Canadian airline WestJet has introduced updated cabin interiors on select Boeing aircraft, adding three distinct…
USDA warns some HelloFresh ready-made meals may contain listeria contamination
Federal officials are warning consumers that certain meals from HelloFresh contain spinach that may have…
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