Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July.
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.
Former President Trump nets extra $1.8 billion of stock in his media company
Former President Donald Trump has been awarded an "earnout" bonus of $1.8 billion worth of stock in his newly public company, Trump Media & Technology Group.
Republic First seizure signals more bank failures to come, expert warns
The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after a string of regional banks collapsed early last year.
Billions in US investment goes to Chinese firms linked to CCP military, human rights abuses
Billions of dollars in Americans' savings and investments are flowing to Chinese companies linked to China's military and human rights abuses, a congressional report found.
Williams Sonoma labeled Chinese-made merchandise American made; ordered to pay over $3M
The FTC and the Justice Department said Friday that Williams-Sonoma Inc. has agreed to a settlement, which includes a $3.175 million civil penalty.
Vacationing at these destinations? You will pay tourist taxes, fees
Travelers may encounter a tourist tax or fee depending on their destination. Locals like New Zealand, Japan and Venice, Italy have them.
Rare $1 bills with printing error could be worth thousands: 'They're still out there'
Due to a printing error made by the U.S. Bureau of Engraving and Printing, you might have a rare dollar bill on hand that's worth thousands of dollars — check your wallets.
Biden administration delays plan to ban menthol cigarettes
The Biden administration has decided to delay banning menthol cigarettes, saying it will require more discussion related to the civil rights and criminal justice movements.
Sheryl Sandberg unveils documentary on Hamas' ‘systematic’ sexual violence on Oct. 7
Former Facebook COO Sheryl Sandberg joins ‘America’s Newsroom’ to discuss her documentary on Hamas’ sexual violence committed against Israeli women on Oct. 7, titled ‘Screams Before Silence.’
US first quarter GDP slows more than expected, but inflation keeps rising
Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate released Thursday.
Jon Lovitz blasts anti-Israel agitators taking over Columbia University: 'It's horrible'
Jewish comedian Jon Lovitz slams the anti-Israel protesters who are demonstrating on college campuses across America on 'Jesse Watters Primetime.'
Home Depot and Walmart US CEOs say 'employers should value skills above degrees' in WSJ op-ed
The CEOs of Home Depot and Walmart U.S. penned a joint column in The Wall Street Journal urging employers to stop valuing college degrees and start valuing skills when hiring.
Individually wrapped cheese could be targeted under New York legislation
Individually wrapped cheese could be banned in New York if the Packaging Reduction and Recycling Infrastructure Act passes in the state Senate. It failed to pass in 2023.
S&P cuts Israel's credit rating amid Middle East conflict
S&P Global Ratings downgraded Israel's short- and long-term credit ratings by one notch apiece following the recent confrontation with Iran amid the ongoing war with Hamas in Gaza.
Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
The Trump campaign took aim at Biden for his budget proposal, which includes the "largest tax HIKE ever" and is "defined by massive spending increases" as Americans face economic woes.
LARRY KUDLOW: Biden has made it a far more dangerous world
FOX Business host Larry Kudlow shreds President Biden's "feckless, weak and indecisive" policies and reveals how lawmakers should respond to conflicts worldwide on "Kudlow."
Modi doesn't need Musk to win elections, but billionaire's visit a boon for India, expert says
India's electric vehicle market remains underdeveloped, with EV's making up around 2% of car sales in the country, which ranks as the third-biggest automobile market.
IMF sounds alarm on ballooning US national debt: 'Something will have to give'
The International Monetary Fund sounded an alarm over huge levels of government spending in the U.S., which it said poses a "risk" to the global economy.
Google fires 28 employees involved in 'Googlers against Genocide' sit-in at New York, Sunnyvale offices
Google fired 28 employees who were involved in anti-Israel protests at its New York City and Sunnyvale, California, offices after they refused to leave the premises.