I Feel Like Absolute: Astor Loan Scam Hits Billionaire
A Russian actor allegedly used forged ties to the Astor name to extract roughly $450 million from a Mexican billionai...
Financial News — Page 933
Could Solve America’s Trillion? AI’s Debt Promise Examined
A Yale Budget Lab study examines whether AI could solve america’s trillion debt problem, but warns the outcome hinges...
Bessent Torches Democrat's ‘Sanctions’ Claims at Hearing
In a high-stakes Senate hearing, Treasury Secretary Scott Bessent denies a looming $14 billion windfall for Iran from...
Chevron Warns Aviation Strain as Jet Fuel Crunch Deepens
Chevron's CEO warns that jet fuel shortages may push aviation costs higher as carriers trim schedules and consumers f...
Fed Expected to Hold Rates as Powell Era Ends, Warsh Looms
The Federal Reserve is anticipated to keep the federal funds rate unchanged as Powell nears the end of his chair tenu...
Californians Move Away Typically Save on Housing Costs
A UC Berkeley analysis tracking households through 2025 finds relocating out of California reduces monthly housing bi...
Work More, Lose Less? Bill to End Social Security Penalty
Lawmakers unveil the Senior Citizens' Freedom to Work Act, which would end the retirement earnings test and let retir...
Powell Says He'll Stay on Fed Board After Chair Term Ends
Powell will continue to serve on the Federal Reserve Board after his chair term ends next month, steering a measured ...
Nearly Toddler Towers Recalled as Safety Push Intensifies
Federal safety regulators announce a recall of about 12,830 toddler tower stools across three brands after dozens of ...
Fed's Favored Inflation Gauge Stays Elevated in March
The March 2026 PCE data show the fed's favored inflation gauge staying elevated, signaling limited relief for househo...
Economic Growth Bounces Back as AI Buildout Fuels Q1 Gains
The U.S. economy grew at a 2.0% annualized rate in Q1, powered by AI-related investment and resilient consumer spendi...
National Debt Surpasses Economy Size Since WWII Milestone
The U.S. debt held by the public has eclipsed nominal GDP for the first time since World War II, a milestone that cou...