Fed Chairman Jerome Powell Says He Won’t Resign, Even If Trump Requests It
On Thursday, following President Trump’s landslide victory, the Federal Reserve reduced interest rates by 25 basis points, or 0.25%. The latest rate cut comes after
On Thursday, following President Trump’s landslide victory, the Federal Reserve reduced interest rates by 25 basis points, or 0.25%. The latest rate cut comes after
In a Thursday interview on MSNBC’s “11th Hour,” Treasury Secretary Janet Yellen stated that people are unhappy with their personal finances because “the cost of
Joe Biden boasted about “curing” the economy just six days before a global market crash wiped out $2 trillion. Japan’s Nikkei plummeted by 4,451 points
Major American banks are persisting with their initiatives to close branches across the country, leading to an increasing number of Americans being left without essential
California Governor Gavin Newsom is trying to convey the notion that inflation isn’t as severe as some may think, claiming that the perception of its
The IRS has announced a delay in requiring gig workers to report payments exceeding $600 made through third-party payment apps like Zelle, Cash App, Venmo,
The news that a major U.S. bank is set to initiate ‘massive layoffs’ is causing shockwaves throughout the financial industry. According to The Daily Caller,
The communications director for the Biden-Harris campaign argued that “a brick wall of MAGA extremism” has contributed to Americans struggling financially and working multiple jobs
The biggest banks in the United States have let go of around 20,000 employees since the start of 2023 because of the mortgage industry’s surging
The U.S. budget deficit surged by 23%, reaching $1.7 trillion, with an increase of $320 billion, during the year following the passage of the Inflation
On Friday, the Illinois Supreme Court upheld the state’s ban on “assault weapons” and “high capacity” magazines. Governor J.B. Pritzker (D) signed the ban into
Senate Democrats are working to codify President Joe Biden’s latest federal student loan forgiveness proposal and protect it against potential reversals by future administrations. President
The U.S. Department of Justice (DOJ) wants to quickly release a report detailing special counsel Jack Smith’s investigation into President-elect Donald Trump. DOJ officials in
Judge Amit Mehta, who was appointed during the Obama administration, has become a controversial figure among some Trump supporters, who accuse him of bias and