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Economy
Powell pushes back on Musk/DOGE, says Fed ‘overworked’ not ‘overstaffed’
Federal Reserve Chair Jerome Powell renewed his pushback against Elon Musk's claims that the Fed is…
California gas prices surge 40 cents to $4.58 amid refinery closures
Gas prices have surged in California in recent weeks as the state's supply is constrained…
Mortgage rates rise to 6.89%: Freddie Mac
Mortgage rates increased for the third straight week and continue to hover near the 7%…
Fed Chair Jerome Powell and President Donald Trump hold meeting at White House
Federal Reserve Chair Jerome Powell on Thursday met with President Donald Trump at the White House…
US jobless claims increase more than expected in May
The number of Americans filing new applications for unemployment benefits increased more than expected last…
Turkey airline passengers face fines for standing too soon after landing
Every airline passenger has heard the message towards the end of the flight that tells…
Fed releases minutes from May meeting
U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in…
General Motors announced it is investing hundreds of millions in US plant
General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York,…
Consumer confidence rebounds despite ongoing tariff concerns
U.S. consumer confidence rose in May after five straight months of deterioration after a pause…
UK to spend $4 billion on job training to curb reliance on migrant workers
Britain will spend a record $4 billion to increase training opportunities, as part of an…
McDonald’s extending hours at most US locations this summer amid hiring surge
McDonald's is extending its operating hours at most U.S. locations starting this summer amid an…
Analysts warn shifting iPhone production to US would drive-up costs
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in…
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