Bessent expects taxpayers will see 'very large' tax refunds early next year
Treasury Secretary Scott Bessent said American households will see "very large refunds" in the tax filing season early next year following...
These 10 markets may see the biggest homebuying surge as mortgage rates fall
With mortgage rates expected to drift toward 6% in the coming year, 10 U.S. markets could see a major boost...
Musk predicts AI will create 'universal high income' and make saving money unnecessary
Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch next year are a nice...
Powell says he wants to 'turn this job over' with economy in 'really good shape' before departure
Despite nearing the end of his term, Federal Reserve Chairman Jerome Powell sidestepped any discussion of his legacy, emphasizing instead...
Energy secretary says electricity prices will drop under Trump administration policies
Energy Secretary Chris Wright on Sunday said the Trump administration's energy policies will lower electricity prices over the course of the...
Powell acknowledges labor market slowdown but rejects fears of steep decline
Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last...
Powell says rate cuts won't make 'much of a difference' for struggling housing sector
Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with interest rate cuts unlikely to...
Trump says he has brought down mortgage payments by nearly $3,000 a year
President Donald Trump is touting improvements in mortgage costs since he took office as he looks to address Americans' concerns about...
Consumer confidence falls sharply as Americans worry about the economy
Consumer confidence fell more than expected in November and hit the lowest level since this spring, according to the latest...
Tariffs have surprising effect on unemployment and inflation patterns, Fed analysis reveals
A new analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs on the economy based on...
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