Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation
Federal Reserve policymakers are expected to hold interest rates steady when they conclude their first meeting of the new year...
Economy
Amazon to cut 16,000 roles as it looks to invest in AI, remove ‘bureaucracy’
Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of an organizational overhaul aimed at...
Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge...
New study shows cities where cost of living is rising fastest
New York City tops the list of U.S. cities where the cost of living is rising fastest, followed by three...
Fed holds interest rates steady, pausing rate cuts amid economic uncertainty
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid...
Jerome Powell offers advice for next Fed chair, addresses his future at central bank
Federal Reserve Chair Jerome Powell was asked about his future at the central bank beyond the end of his term in...
Powell says Americans forced to 'economize' as stubborn inflation squeezes household budgets
Federal Reserve Chair Jerome Powell said that policymakers are hearing that a significant segment of American consumers are still looking to...
Tax filing season is officially here: what you need to know
The 2026 tax filing season officially opened on Monday, as the IRS began allowing taxpayers to start filing their returns...
Urgent recall: 13K chargers sold at TJ Maxx, Marshalls may explode during use
More than 13,000 wireless chargers sold in the U.S. at T.J. Maxx and Marshalls have been recalled over fears that...
US economy added 50K jobs in December as unemployment rate declines
The U.S. economy saw modest job growth in December as employers hired at a steady pace amid economic uncertainty. The...
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