Fed declines to lower interest rate, ending 3-cut run
The Fed declined Wednesday to lower the interest rate in a move that ends a three-cut run and goes against the direction of President Trump.
The Fed declined Wednesday to lower the interest rate in a move that ends a three-cut run and goes against the direction of President Trump.
Sen. Ted Cruz reintroduces bill to eliminate income taxes on tips
Sen. Ted Cruz introduced legislation that would like workers in traditionally tipped jobs deduct those tip from their income taxes.
Sen. Ted Cruz introduced legislation that would like workers in traditionally tipped jobs deduct those tip from their income taxes.
US economy added 256K jobs in December, well above expectations
The unemployment rate came in at 4.1%, slightly lower than economists' expectations.
The unemployment rate came in at 4.1%, slightly lower than economists' expectations.
Trump announces $100B investment in the U.S.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Trump's tariff warning met with threat from Ontario that would make energy 'unaffordable' in Michigan & U.S.
In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.
In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.
Gas prices hit a 3-year low – where are they headed next?
Drivers are getting some much-needed relief at the pump after gas prices fell significantly nationwide.
Drivers are getting some much-needed relief at the pump after gas prices fell significantly nationwide.
Inflation rises 2.7% in November, in line with expectations
US inflation rose slightly last month but remained low.
US inflation rose slightly last month but remained low.
$11M in unclaimed back wages; more than 15K in Texas owed money
The US Department of Labor is looking to dispense $11 million in unclaimed back wages, including to people in Central Texas.
The US Department of Labor is looking to dispense $11 million in unclaimed back wages, including to people in Central Texas.
Trump, Canadian Prime Minister Trudeau to meet in Florida to discuss tariffs
Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.
Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Port strike panic buying? Costco toilet paper frenzy making the rounds on social media
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.
Houston Port strike 2024: Dockworkers demand higher pay, fight automation
For the first time in nearly five decades, dockworkers at the Port of Houston, alongside their counterparts at ports from Texas to Maine, have gone on strike.
For the first time in nearly five decades, dockworkers at the Port of Houston, alongside their counterparts at ports from Texas to Maine, have gone on strike.
Would Harris or Trump do a better job on the economy? Voters split in new poll
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
Inflation continues to cool, latest numbers show
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.