Browsing: Economy
U.S. consumer sentiment continued to decline in May as Americans’ expectations about future inflation rose and concerns persisted about the effect of President Donald Trump’s tariffs. The University of Michigan Surveys…
Moody’s Ratings on Friday announced that it downgraded the U.S. credit rating by one notch due to persistent fiscal deficits that it sees as likely to deteriorate in the future.…
Will Pope Leo XIV have to file and pay U.S. taxes, despite his strict vow of poverty? Leo is the first American pontiff in history. And U.S. citizens, no matter…
The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair…
Some Medicare Advantage plans are offering enrollees surprising supplemental benefits to boost their health, though a new report notes that those benefits have been extended to expenses with a less direct…
Some high schools have started offering shop classes again, so students can gain in-demand trade skills for well-paying careers. One of those is Father Judge High School, a Catholic high…
The state of California approved State Farm’s request for a double-digit increase in home insurance premiums to help the insurer deal with financial challenges following the wildfires that devastated communities…
Federal Reserve Chairman Jerome Powell on Thursday said that the central bank’s framework for setting monetary policy may need to be adjusted to account for the possibility that supply shocks will…
President Donald Trump said he had a “little problem” this week with Apple CEO Tim Cook and the tech giant using facilities in India to make iPhones for sale in…
Social Security beneficiaries will see their payments arrive a little later than normal this month due to a quirk in the safety net program’s payment calendar. The Social Security Administration…