News
The end for central bank independence?
3+ hour, 15+ min ago (386+ words) Trump's war on the US Federal Reserve comes at a moment of global weakening in central bank authority The independence of the US Federal Reserve seems ever more at risk as Donald Trump continues to try to influence the central…...
Will Trump’s 10% credit card rate limit actually help consumers?
1+ week, 14+ hour ago (276+ words) Banks say they would pull back on credit President Donald Trump wants to make it more affordable for Americans to go into debt. The president says banks should cap credit card interest at 10% for a year " an idea that elicits…...
Why is pizza in decline?
1+ week, 5+ day ago (211+ words) The humble pie is getting humbler Everybody loves pizza, right? Or they did, anyway. Pizza joints no longer dominate the U.S. landscape like they once did, now outranked by coffee shops and Mexican restaurants. The humble pie is just a little…...
Why it’s important to shop around for a mortgage and what to look for
3+ week, 9+ hour ago (571+ words) You can save big by comparing different mortgage offers Getting preapproved for a mortgage can feel like a huge deal. As soon as you do, you might think you can cross that item off your list and move forward with…...
What will the US economy look like in 2026?
3+ week, 2+ day ago (305+ words) Wall Street is bullish, but uncertain The American economy at the end of 2025 looks very different from a year ago. Tariffs are higher, AI occupies a greater share of overall spending and the federal government under President Donald Trump is…...
Unemployment rate ticks up amid fall job losses
1+ mon, 4+ day ago (197+ words) Data released by the Commerce Department indicates "one of the weakest American labor markets in years" The delayed jobs numbers, and a separate Commerce Department report Tuesday that showed flat retail sales, "buttressed the Federal Reserve"s decision to cut…...
How will China’s $1 trillion trade surplus change the world economy?
1+ mon, 1+ week ago (201+ words) Europe may impose its own tariffs President Donald Trump's tariff-driven trade war is not slowing down China's export economy. Beijing this week reported a record $1 trillion trade surplus with the rest of the world in 2025, raising concerns about "growing imbalances…...
Is $140,000 the real poverty line?
1+ mon, 1+ week ago (179+ words) Financial hardship is wearing Americans down, and the break-even point for many families keeps rising Feature A Brazilian man living in a brutal era seeks answers and survival and Judy and Nick fight again for animal justice Feature Polls show…...
How your household budget could look in 2026
1+ mon, 2+ week ago (845+ words) The government is trying to balance the nation's books but energy bills and the cost of food could impact your finances Inflation may have fallen from its double-digit highs but is still expected to remain above the Bank of England's…...
Who will be the next Fed chair?
1+ mon, 2+ week ago (307+ words) Kevin Hassett appears to be Trump pick President Donald Trump says he has chosen the next chair of the Federal Reserve, but he is not yet naming names publicly. Current National Economic Council director Kevin Hassett is widely expected to…...