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Finance & Economy

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

Trump Officiates Warsh Swearing-In as New Fed Chair Amid Rate Divide
Finance
Trump Officiates Warsh Swearing-In as New Fed Chair Amid Rate Divide
President Trump swore in Kevin Warsh as Federal Reserve chair Friday, replacing Jerome Powell after a partisan Senate vo
Kevin O'Leary Takes Aim at Gen Z's Spending Habits: Skip the $28 Lunch
Finance
Kevin O'Leary Takes Aim at Gen Z's Spending Habits: Skip the $28 Lunch
Kevin O'Leary's viral advice to Gen Z on cutting lunch costs and credit card debt sparks debate on financial responsibil
SpaceX Files for Record $75B IPO Amid Billions in Losses and Mars Ambitions
Finance
SpaceX Files for Record $75B IPO Amid Billions in Losses and Mars Ambitions
SpaceX filed for an IPO that could raise $75B, the largest ever, despite losing $2.6B last year. The prospectus ties Mus
Groceries Hit with Steepest Price Jump in Years; Experts Predict Worse to Come
Finance
Groceries Hit with Steepest Price Jump in Years; Experts Predict Worse to Come
Grocery prices posted their biggest year-over-year jump since August 2023, rising 2.9% in April. Experts warn the worst
Trader Joe's Expands with 25 New Stores in 2025, Targeting Suburban Growth
Finance
Trader Joe's Expands with 25 New Stores in 2025, Targeting Suburban Growth
Trader Joe's has announced plans to open at least 25 new stores this year, including nine newly confirmed locations, as
Target Opens Six New Locations, Plans Dozens More as Expansion Accelerates
Finance
Target Opens Six New Locations, Plans Dozens More as Expansion Accelerates
Target opened six new stores Sunday, part of a broader push to add over 30 locations this year and 300 by 2035, bringing
California and Texas Dominate List of America's Most Overpriced Housing Markets
Finance
California and Texas Dominate List of America's Most Overpriced Housing Markets
Santa Maria, California tops the list of most overpriced housing markets, with homes listed $600,000 above average value
Fidelity Settles Data Breach Class Action for $2.5 Million; Payouts Up to $5,000
Finance
Fidelity Settles Data Breach Class Action for $2.5 Million; Payouts Up to $5,000
Fidelity Investments has agreed to a $2.5 million class action settlement over a 2024 data breach that exposed personal
Powell Steps Down as Fed Chair but Stays on Board, Defying Trump
Finance
Powell Steps Down as Fed Chair but Stays on Board, Defying Trump
Jerome Powell's term as Fed chair ended Friday, but he stays on the board, vowing to fight Trump's attacks on the centra
Young Borrowers Turn to Personal Loans for Daily Expenses as Inflation Bites
Finance
Young Borrowers Turn to Personal Loans for Daily Expenses as Inflation Bites
A new report reveals that over 10% of personal loan borrowers are Gen Z, using the funds for routine expenses like bills
Raising Cane's Opens 8 New Locations in May, Eyes National Expansion
Finance
Raising Cane's Opens 8 New Locations in May, Eyes National Expansion
Raising Cane's opens 8 new locations in May, including first stores in Jonesboro, Arkansas, and a drive-thru in Queens,
Virginia Contestant Smashes 'Price Is Right' Record with $240K Mother's Day Win
Finance
Virginia Contestant Smashes 'Price Is Right' Record with $240K Mother's Day Win
Vanessa from Virginia shattered the single-game record on 'The Price Is Right,' winning more than $240,000 in a BetMGM-b