Economy
Hormuz Blockade, Fertilizer Shock, Food Crisis — What Most People Don’t See Coming
Kind of scary, isn’t it? But wait, there is more, as they say in cheap commercials selling steak knives. Have you ever heard…
Jerome Powell Says He Will Continue to Serve as Governor After Chair Term Ends
Jerome Powell said Wednesday that he will continue to serve on the board of governors of the Federal Reserve after his…
Gallup Survey: Cost of Living Top Financial Problem for Americans
A high cost of living stands as the top financial problem for Americans, an April 2026 Gallup survey revealed. The survey…
Tim Walz Claims Credit for Feds’ Fraud Crackdown After Dismissing It as ‘Sensationalized,’ ‘Cherry-Picking’
Failed vice presidential candidate Tim Walz, the governor of Minnesota, is now taking credit for cracking down on fraud in…
Zohran Mamdani Declares ‘Historic’ NYC Budget Crisis, Pushes Back Deadline, Begs State for Bailout
New York City Mayor Zohran Mamdani outlined a widening fiscal gap facing the city and emphasized the need for additional…
U.S. Tightens Sanctions as Iran Admits Sting of ‘Major’ Leadership Losses
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday announced new sanctions against “35…
Fed Leaves Interest Rates Unchanged, Saying Economy is Expanding at Solid Pace
A divided Federal Reserve left interest rates unchanged on Wednesday. “Recent indicators suggest that economic activity has…
Senate Banking Committee Gives Kevin Warsh Thumbs Up To Lead the Fed
The Senate Banking Committee on Wednesday approved former Fed Governor Kevin Warsh to take the reins at the central bank…
Supreme Court Considers Trump Plan to End Haitian TPS Quasi-Amnesty
The U.S. Supreme Court will review on Wednesday President Donald Trump’s decision to end the Temporary Protected Status…
Orders for Business Equipment Surge by the Most Since 2020 as AI Boom Rolls On
Orders for core business equipment posted their largest monthly increase since the summer of 2020, the Commerce Department…