Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central bank is bloated when he...
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew slower than expected in the fourth quarter, according to new data released on Thursday. The Commerce...
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Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's...
Mortgage rates tick lower, hover near 7%
Mortgage rates fell slightly this week, remaining stubbornly high while would-be buyers and sellers continue to wait for steeper declines....
IRS announces start of tax season – what to know
The Internal Revenue Service (IRS) on Friday announced details for the start of the 2025 tax filing season, which will begin...
Fact or fiction: Will Trump's federal funding freeze impact student loans, grants?
Following the announcement of a temporary freeze on federal assistance, ordered by the Trump administration's Office of Management and Budget...
California bans insurance cancellation, non-renewals in LA areas affected by fires
The state of California's insurance regulator on Friday announced a one-year moratorium on the cancellation of homeowners insurance policies in...
It's 2025 and breakfast food prices continue to soar
Soaring grocery prices have wreaked havoc on Americans' budgets in recent years, and while inflation overall has eased, the prices...
Looking to buy your first home? These markets are your best bet in 2025
By all accounts, 2024 was a rough year for folks in the market to purchase their first house, with home...
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