Fed's Powell says inflation data this year shows a 'lack of progress'
Federal Reserve Chair Jerome Powell on Tuesday said it is likely that inflation will take "longer than expected" to reach...
Economy
Boeing whistleblower warns 787 Dreamliner could 'fall apart' in midair unless safety issues addressed
Boeing whistleblower Sam Salehpour has doubled down on his claims that Boeing 787 Dreamliner planes need to be grounded due...
Government hiring spree propping up the US job market
U.S. job growth has repeatedly blown past expectations since the start of the new year, but there has been a...
Interest rate cut odds dwindle as inflation progress stalls
A string of hotter-than-expected inflation data since the start of the year has diminished the odds of an immediate interest...
Commercial real estate foreclosures jumped 117% in March as trouble looms
The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work. There...
Mortgage rates leap above 7% for first time this year
Mortgage rates climbed above 7% this week for the first time in 2024, continuing their upward trajectory and putting further...
UFC star Renato Moicano looks to Bitcoin as defense against 'tyrant state,' inflation
UFC star Renato Moicano says he wants to get his bonus paid in bitcoin as he predicts a rise in...
IMF sounds alarm on ballooning US national debt: 'Something will have to give'
The astronomical rise in the U.S. national debt poses "significant risks" to the global economy and threatens to continue fueling...
Inflation pushing next generation farmers out of the business: 'Can’t believe what things cost'
Some small farms are in trouble, and inflation is eating into their profits. Some owners said their farms may not...
The cost of buying a house hit another record high as mortgage rates spike again
The cost of buying a new house just hit a fresh record as mortgage rates rose to the highest level...
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