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Economy
US retail sales unchanged in June, beating forecasts for slight drop
U.S. retail sales were unchanged in June and the underlying trend was strong, which could…
Buffett’s Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Warren Buffett's Berkshire Hathaway is currently sitting on a massive reserve of short-term U.S. Treasury…
Texas leads US in job creation over past year
Texas Gov. Greg Abbott is taking a victory lap after new data shows the Lone…
Visa report highlights emerging scams targeting consumers and travelers
A new report from Visa sheds light on emerging scams targeting consumers and travelers, which have…
Gold prices rise to all-time highs with US debt mounting, election uncertainty
Gold prices reached new record highs this week amid uncertainty surrounding the upcoming election and…
Mortgage rates rise for fourth straight week
Mortgage rates continued their upward trajectory this week, climbing for a month straight while further…
Existing home sales fall hit 14-year low
Sales of previously owned homes unexpectedly fell last month, slowing to a pace not seen…
IRS sets new tax brackets, raises standard deduction for 2025
The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions…
Why mortgage rates are going up despite the Fed’s rate cut
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading…
Harvard fundraising slumps after antisemitism controversy
Donations to Harvard University and its endowment declined by a little more than $150 million…
Mysterious $7B estate tax payment spurs questions about source of funds
A mysterious influx of more than $7 billion in estate tax payments to the Treasury Department…
Where was inflation the highest in September? Boston, Chicago ranked near the top
Americans around the country are experiencing vastly different inflation rates depending on where they live in…
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