Finance
Finance & Economy
Economic policy, federal spending, Wall Street, trade wars, and the financial forces driving political decisions.
Finance
Fed's Hammack Signals Extended Rate Pause Amid Geopolitical, Inflation Uncertainty
Cleveland Fed President Beth Hammack indicated the central bank will likely maintain current interest rates for an exten
Finance
House GOP to Spotlight Permanent Trump Tax Cuts in Tax Day Press Conference
House Republicans will hold a press conference Wednesday morning to promote the permanent tax cuts and new worker-focuse
Finance
IMF Projects Global Growth Slowdown, Inflation Spike from Iran War Fallout
The International Monetary Fund warns the war in Iran will slow global economic growth and accelerate inflation, with lo
Finance
Bessent Backs Fed Patience on Rates Amid Iran Conflict, Signals Future Cuts
Treasury Secretary Scott Bessent expressed support for the Federal Reserve holding interest rates steady at its upcoming
Finance
Warsh Discloses $130M+ Fortune Ahead of Fed Chair Confirmation Hearing
Kevin Warsh, President Trump's nominee for Federal Reserve chair, has filed financial disclosures revealing assets betwe
Finance
United CEO Kirby Pitched American Airlines Merger to Trump, Creating Global Aviation Giant
United Airlines CEO Scott Kirby reportedly proposed a merger with American Airlines to President Trump in February, a de
Finance
Congressional Bill Targets 'Phantom Gains' Tax on Mutual Fund Investors
A bipartisan bill seeks to reform how mutual fund capital gains distributions are taxed, allowing investors to defer tax
Finance
Delta's Premium Push: Airlines Bet on Wealthy Travelers Amid Economic Divide
Delta Air Lines is allocating half the seats on its new Airbus A350-1000 aircraft to premium cabins, part of an industry
Finance
U.S. Consumer Confidence Plummets to Historic Low Amid Iran Conflict, Fuel Price Surge
American consumer confidence collapsed to its lowest level on record in April, falling nearly 11% as prolonged military
Finance
Fiscal Dominance Looms as Fed Nominee Warsh Confronts $39 Trillion Debt Dilemma
The Federal Reserve faces mounting pressure from unsustainable budget deficits, limiting its ability to cut interest rat
Finance
U.S. Inflation Hits 3.3% as Iran Conflict Drives Energy Price Surge
Annual U.S. inflation rose to 3.3% in March, reaching its highest point in nearly four years, propelled by a sharp 10.9%
Finance
Minivan Sales Surge 21% as Economic Pressures Drive Shift from SUVs
The minivan, long associated with family transport, is seeing a 21% sales increase in 2025, fueled by economic concerns