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Finance & Economy

Economic policy, federal spending, Wall Street, trade wars, and the financial forces driving political decisions.

Limited-Edition July 4th Quarters Enter Circulation as U.S. Mint Marks 250th Anniversary
Finance
Limited-Edition July 4th Quarters Enter Circulation as U.S. Mint Marks 250th Anniversary
The U.S. Mint is releasing 250,000 special quarters with a 'July 4th' privy mark to celebrate America's 250th anniversar
Elon Musk's Trillionaire Status: Market Hype vs. Economic Reality
Finance
Elon Musk's Trillionaire Status: Market Hype vs. Economic Reality
Elon Musk's trillionaire status reflects investor expectations, not realized wealth. The gap between market value and ec
Moody's Zandi: Spending Gap Widens as K-Shaped Economy Deepens
Finance
Moody's Zandi: Spending Gap Widens as K-Shaped Economy Deepens
Moody's Mark Zandi reports that high earners now drive nearly 60% of personal outlays, widening the K-shaped economy gap
Alan Greenspan, Architect of Modern Fed, Dies at 100
Breaking
Alan Greenspan, Architect of Modern Fed, Dies at 100
Alan Greenspan, the longest-serving Federal Reserve chair of the modern era, died Monday at 100. His wife, Andrea Mitche
Fertilizer Costs Surge 40% Amid Iran War, Threatening Global Food Prices
Finance
Fertilizer Costs Surge 40% Amid Iran War, Threatening Global Food Prices
Fertilizer prices have surged 40% since the start of the Iran War, threatening to raise grocery bills across the board.
DC Bar's World Cup Promotion Hedged with Kalshi Bet on US Win Margin
Finance
DC Bar's World Cup Promotion Hedged with Kalshi Bet on US Win Margin
TallBoy bar in D.C. covers customer tabs for US World Cup wins by hedging with Kalshi prediction market bets, a tactic g
Warsh’s First Fed Meeting Ends with Rate Hold, but Inflation and Trump Pressure Mount
Finance
Warsh’s First Fed Meeting Ends with Rate Hold, but Inflation and Trump Pressure Mount
The Federal Reserve held rates steady at Kevin Warsh's first meeting, but inflation at a three-year high and Trump's dem
AI-Driven Market Rally Echoes Dot-Com Risks as Analysts Warn of Bubble
Finance
AI-Driven Market Rally Echoes Dot-Com Risks as Analysts Warn of Bubble
A growing number of analysts warn that the AI-driven stock market rally has evolved into a speculative bubble, with risk
Fox Corp. Acquires Roku in $22B Deal to Dominate Streaming TV Market
Finance
Fox Corp. Acquires Roku in $22B Deal to Dominate Streaming TV Market
Fox Corp. announced a $22 billion acquisition of Roku, merging its live news and sports content with Roku's streaming pl
Visa Integrates Payment Network into ChatGPT for AI-Led Purchases
Finance
Visa Integrates Payment Network into ChatGPT for AI-Led Purchases
Visa has integrated its payment network into ChatGPT, allowing AI agents to independently shop and complete transactions
May Inflation Surge: 7 Items Hit Hardest as Prices Spike 4.2%
Finance
May Inflation Surge: 7 Items Hit Hardest as Prices Spike 4.2%
Inflation hit 4.2% in May, the highest in three years, driven by energy costs and the Iran conflict. Seven items, from f
SpaceX IPO Opens Door to Small Investors, But Risks Abound
Finance
SpaceX IPO Opens Door to Small Investors, But Risks Abound
SpaceX is aiming for a blockbuster IPO that reserves a large portion of shares for everyday investors, but the company's