Credit card rewards are about to vanish, and guess who’s to blame?
With summer vacations just around the corner, millions of Americans are getting ready to cash in their hard-earned credit card rewards: points, miles and...
US economy added jobs at a faster pace in March
The U.S. economy continued to add jobs in March and the pace of job gains picked up at a faster...
China retaliates with 34% tariffs on US imports
China announced Friday it will impose 34% tariffs on the U.S., just days after President Donald Trump unveiled the same...
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Trump calls for Fed’s Powell to cut interest rates and ‘stop playing politics’
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell...
Alaska governor says LNG pipeline would benefit the state and allow exports
Alaska Gov. Mike Dunleavy said Thursday on "Varney & Co" that the...
Fed Chair Powell says tariffs likely to cause inflation to rise, could be persistent
Federal Reserve Chair Jerome Powell said at a conference Friday that President Donald Trump's tariffs are likely to increase inflation and...
After Trump tariffs, JPMorgan raises chance of recession to 60%
JPMorgan suggested that the chance of a recession substantially increased due to President Donald Trump's tariff announcement this week, according...
Trump tariffs appreciated by US shrimpers: ‘threw us a lifeline’
American shrimpers were pleased to see President Donald Trump unveil his latest round of tariffs this week. The president on...
Trump White House celebrates strong U.S. job growth in first quarter: ‘smashing expectations’
The White House in a statement on Friday said March's job report shows the private sector is "roaring back" under...
Trump’s 10% baseline tariffs on imports from many countries now in effect
President Donald Trump's unilateral 10% tariff on all imports from many countries went into effect on Saturday, with U.S. customs...
DOGE arrives at Peace Corps HQ, signaling possible cuts on the horizon
The Department of Government Efficiency, which is led by Elon Musk, arrived Friday at U.S. Peace Corps headquarters in Washington,...
Iran’s currency plummets amid Trump’s ‘maximum pressure’ plan
Iran’s currency hit a new low on Saturday with $1 costing 1,043,000 rials, and it could fall even further as...
CBP set to enforce ‘Liberation Day’ tariffs, has collected over $200M per day in additional associated revenue
U.S. Customs and Border Protection (CBP) is already collecting over $200 million per day in extra revenue as it enforces...
US retail sales rebound moderately in February
U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the first quarter, though at a...
Retailer Forever 21 files for bankruptcy for second time in 6 years
Forever 21's U.S. operating company filed for Chapter 11 bankruptcy on Sunday, marking the second time in six years. F21...
How many rate cuts does the market expect this year?
Federal Reserve policymakers are meeting this week and are expected to announce a decision on interest rates on Wednesday, likely...
Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess...
44% of restaurant owners in Washington, DC fear they may have to close in 2025
Possible restaurant closures are looming over eateries in the nation’s capital. Forty-four percent of full-service casual restaurants that operate in...
Social Security to require more in-person beneficiary visits to fight fraud
Those who cannot use an online identity-proving tool will soon need to visit a local Social Security office in person...
EU delays imposing first round of retaliatory tariffs against US until mid-April
The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until mid-April, after President Donald Trump...
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