News
Millions Face a Tax Shock on Social Security Back Pay. Congress Is Racing to Fix It
3+ hour, 55+ min ago (514+ words) A bipartisan "fix" to Social Security benefits for public-sector retirees could lead to a big tax hit for those Americans. Lawmakers are racing the clock before taxes come due on April 15. Rep. Lance Gooden (D-TX), who introduced the bill, said…...
Grocery Prices Are Finally Expected to Cool This Year. Just Not for These Staples
1+ day, 3+ hour ago (464+ words) After years of unrelenting price hikes, the cost of groceries is finally expected to level out in 2026, with food-at-home inflation dipping below the average. The U.S. Department of Agriculture is'predicting'that grocery prices will rise approximately 1.7% in 2026, marking a decrease from 2.3% in…...
Trump Nominates Kevin Warsh to Lead Federal Reserve, Signaling Regime Change in Monetary Policy
2+ week, 11+ hour ago (542+ words) WASHINGTON, D.C. " In a move that brings months of public speculation and tension to a head, President Donald Trump officially announced on Friday, January 30, 2026, that he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as Chair of…...
Gold and Silver Reach Historic Peaks as the U.S. Dollar Slides to Four-Year Lows
2+ week, 2+ day ago (348+ words) The dual phenomenon'a sinking greenback and a sky-high metals complex'is not merely a market fluke; it is the result of a "perfect storm" of domestic policy shifts, institutional de-dollarization, and a fundamental repricing of hard assets amid fiscal instability. For…...
Greenback Under Siege: Dollar Slumps to Lowest Level Since Early 2022
2+ week, 3+ day ago (184+ words) NEW YORK " The U.S. dollar tumbled to its lowest level since February 2022 on Tuesday, as a volatile cocktail of geopolitical friction, domestic fiscal gridlock, and concerns over the Federal Reserve's independence triggered a widespread "Sell America" sentiment across global markets. The…...
Fed at a Crossroads: Will Mounting Pressures Lead to Interest Rate Cuts in 2026?
2+ week, 4+ day ago (386+ words) According to a recent'Bankrate analysis, the path for interest rate cuts in 2026 is far from certain. The Federal Reserve finds itself at a crossroads, balancing a cooling labor market against the potential inflationary sparks of new fiscal policies. The composition…...
Financial Red Flags to Watch for in 2026
3+ week, 3+ hour ago (659+ words) A new year often brings renewed motivation to improve finances and regain a sense of control. Before setting goals or making changes, it is important to take a clear, realistic look at your current financial situation. Financial challenges rarely arise…...
Wall Street Plunges as Trump Greenland Tariff Threats Spark Global Sell-Off
3+ week, 3+ day ago (212+ words) The sell-off was broad and aggressive. The Dow Jones Industrial Average plummeted 870.74 points, or 1.8%, to close at 48,488.59. The benchmark S&P 500 shed 2.1%, its worst performance since last October, while the tech-heavy Nasdaq Composite bore the brunt of the volatility, sliding…...
Amazon Takes Aim at Walmart with Massive New Big-Box Retail Concept
4+ week, 2+ day ago (342+ words) Amazon is doubling down on its quest to conquer physical retail, this time taking a direct shot at Walmart's dominant supercenter model. According to local planning documents recently approved in Orland Park, Illinois, the e-commerce titan is developing a massive…...
Wall Street and Banking Giants Vow to Fight Trump’s 10% Credit Card Interest Rate Cap
1+ mon, 12+ hour ago (344+ words) The immediate reaction from Wall Street was swift and clinical.Shares of major credit card issuers, includingAmerican Express,Capital One, andSynchrony Financial, tumbled between 4% and 7% within hours of the announcement.Diversified banking giants like JPMorgan Chase and Bank of America…...