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Economy
FHFA tells Fannie Mae, Freddie Mac to consider crypto as mortgage asset
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an…
Private sector sheds 32,000 jobs in November: ADP
Companies in the private sector lost 32,000 jobs in November, payroll processing firm ADP said…
Treasury Secretary Scott Bessent downplays Moody’s US credit downgrade
Treasury Secretary Scott Bessent downplayed the impact of Moody's downgrading the U.S. government's credit rating in…
Moody’s downgrades US credit rating over persistent budget deficits
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch…
Consumer sentiment fell again in May amid inflation worries, tariff uncertainty
U.S. consumer sentiment continued to decline in May as Americans' expectations about future inflation rose…
The pope took a vow of poverty. He may still need to file US taxes.
Will Pope Leo XIV have to file and pay U.S. taxes, despite his strict vow…
Federal Reserve to cut staff by 10% in coming years
The Federal Reserve is planning to reduce the workforce at the central bank by 10%…
Medicare Advantage plans may cover items not associated with health, such as pet food
Some Medicare Advantage plans are offering enrollees surprising supplemental benefits to boost their health, though a…
Federal Chairman Jerome Powell warns economy could face more ‘supply shocks’
Federal Reserve Chairman Jerome Powell on Thursday said that the central bank's framework for setting monetary…
A high school in Pennsylvania is instructing students for trades that have high demand
Some high schools have started offering shop classes again, so students can gain in-demand trade…
Jamie Dimon says a US recession is still a possibility
JPMorgan Chase CEOÂ Jamie Dimon on Thursday warned that a potential recession could still occur as…
State Farm’s request for double-digit insurance rate hike approved by California
The state of California approved State Farm's request for a double-digit increase in home insurance…
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