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Economy
NYC mayoral candidate proposes municipal stores as KC model struggles
A community-owned grocery store in Kansas City, Missouri, is on the brink of closing as…
Trump tax bill would cut $3.7T in taxes, add $2.4T to national debt, CBO says
President Donald Trump's "Big, Beautiful Bill" would cut taxes by $3.7 trillion while adding $2.4…
Elon Musk predicts AI and robotics will make work optional in future
Billionaire Elon Musk is signaling that artificial intelligence and robotics could eliminate the need to work…
Trump’s agriculture secretary disputes industry expert’s $10 beef price warning
U.S. Agriculture Secretary Brooke Rollins pushed back on predictions that Americans could soon pay $10…
Bessent warns of inflation ‘perfect storm’ amid Trump economic push
U.S. Treasury Secretary Scott Bessent revealed more details about how the Trump administration is fighting…
Google’s $40 billion Texas data centers to create thousands of jobs
Alphabet's Google is investing $40 billion to build new data centers in two Texas counties.…
FHFA evaluates portable mortgages amid housing affordability concerns
Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable…
2026 retirement plan limits increase as IRS boosts 401k, IRA contributions
The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs. Americans…
Beef prices headed to $10 a pound by 2026, industry CEO warns consumers
America’s beef bills are set to keep climbing, according to Omaha Steaks President and CEO…
Mortgage rates rise to 6.24%: Freddie Mac
Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday.…
White House announces reduced tariffs on goods from several countries
The White House announced several trade deals with South and Central American nations that could…
Government shutdown delays October CPI report release indefinitely
The longest government shutdown in history has impacted the release of several key economic reports, including…
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