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News
Nobel economics prize goes to 3 researchers for explaining innovation-driven economic growth
11+ mon, 1+ day ago (604+ words) “I can’t find the words to express what I feel," he said by phone to the press conference in Stockholm...The concept is usually associated with economist Joseph Schumpeter, who outlined it in his 1942 book...
Warsh to face spotlight as Federal Reserve likely to leave interest rates unchanged
2+ mon, 3+ week ago (527+ words) Wednesday's highlight is likely to be the press conference Warsh will hold in the afternoon, which Wall...Yet reduced communication — whether through fewer press conferences or other means — risks alienating...
How Thanksgiving dinner will be impacted by rising costs
9+ mon, 3+ week ago (903+ words) A press release from the White House also cited cheaper Thanksgiving deals at Lidl's, Aldi's, Target...
Powell plans to remain on Fed board, cites legal actions by Trump administration
4+ mon, 2+ week ago (830+ words) institution and putting at risk the things that really matter to the public," Powell said in remarks at a press...
Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
1+ mon, 2+ week ago (623+ words) It's been a choppy year for restaurants that lean into lettuce. Lettuce prices rose sharply in the first half of 2026 due to hot weather in Arizona, where about one-third of America's lettuce is grown. Now, restaurants are dealing with the…...
How the Iran war and surging oil prices are affecting consumers
6+ mon, 4+ day ago (1134+ words) As the price of crude oil surpassed $110 a barrel Monday, reaching heights not seen since 2022, consumers were feeling the effects of the Iran war and its damage to worldwide energy production. Gasoline prices are climbing, and many people will find…...
Millions face skyrocketing health insurance costs unless Congress extends subsidies
1+ year, 5+ hour ago (1113+ words) There's bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic. But the credits are in danger of expiring as Republicans and Democrats clash over how to…...
Can Donald Trump unilaterally cap credit card interest rates at 10%? It’s a request, not a law
7+ mon, 4+ week ago (815+ words) Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year. A Jan. 10 White House X post included an image of Trump’s Truth Social post from…...