Bill Gates pledges to give away nearly all his wealth and close his foundation in 2045
Bill Gates made a major announcement about his wealth and the Gates Foundation on Thursday. An Andrew Carnegie essay helped inspire his decision.
Used car prices jump to highest level since 2023 as auto tariffs squeeze consumers
Used car prices rose in April as the auto market responded to President Donald Trump's tariffs, reaching the highest level since 2023 as buyers rushed to beat tariff price hikes.
Trump confirms trade deal with UK: 'Full and comprehensive'
President Donald Trump said he will announce a “full and comprehensive" trade deal between the United States and the United Kingdom Thursday.
Federal Reserve holds key interest rate steady amid economic uncertainty
The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.
Dr. Oz uncovers shocking Medicaid flaw that is costing US billions, warns people are 'gaming' the system
Dr. Mehmet Oz reveals his plan to fix the mismanaged Medicaid and Medicare systems with the help of President Trump and the administration.
US has yet to launch trade negotiations with China, Treasury secretary says
The U.S. has not yet kicked off any trade negotiations with China, as both Washington, D.C., and Beijing have slapped steep tariffs against each other’s imports.
Barbie maker Mattel raises prices amid Trump tariff fight
Barbie-maker Mattel announced it is raising prices on some of its toys as it navigates a "volatile macro-economic environment and evolving U.S. tariff landscape."
2025 tax season: What do returns look like so far this year?
New data from the Internal Revenue Service shows that the average tax refund amount is up over 3% from a year ago, though the number of refunds issued is down by more than 1%.
Trump signs executive order aimed at boosting US prescription drug manufacturing
President Donald Trump signed an executive order to encourage domestic prescription drug manufacturing and cut down on the time it takes to approve U.S. pharmaceutical plants.
Treasury Secretary Bessent tells investors Trump's policies will deliver 'golden age economy'
Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, including tax cuts and deregulation, will spur economic growth.
Stablecoin bill, originally bipartisan, hits snag as Dems splinter
Sen. Bill Hagerty is spearheading legislation to regulate stablecoin, a cryptocurrency linked to fiat currencies like the dollar, but he has hit a snag.
Trump floats reopening Alcatraz – here’s how much revenue the notorious prison generates
President Donald Trump said he's directing federal agencies to reopen the federal prison at Alcatraz, which closed in 1963 over cost concerns and is now a popular tourist attraction.
Trump 2.0 is moving faster and hitting harder on tariffs, former Commerce Secretary Wilbur Ross says
President Donald Trump’s 2025 tariffs mark a strategic shift, according to former Commerce Secretary Wilbur Ross, who highlights a faster approach to curb Chinese trade tactics.
Student loan borrowers in default begin facing debt collections
Student loan borrowers in default will begin receiving notices Monday that they are being put into collections, according to the Education Department.
Australia's prime minister says he had 'warm' conversation with Trump on tariffs after recent re-election
Australian Prime Minister Anthony Albanese said he had a "warm conversation" with President Donald Trump about tariffs after he was re-elected over the weekend.
President Trump vows to extend ‘Tik Tok’ ban deadline until a deal is struck
Trump vowed to delay the ban until a deal could be struck to sell the social media app to a U.S. owner.
Chevron CEO warns against company's possible departure from Venezuela amid negotiations with Trump admin
Chevron CEO Mike Wirth issued a stark warning on the energy and national security concerns stemming from the company's possible departure from Venezuela.
Buffett criticizes Trump's tariffs rollout, says US shouldn’t use 'trade as a weapon'
Legendary investor Warren Buffett railed against President Donald Trump’s tariffs arguing that employing trade as a “weapon" has antagonized international relations.
Trump's 'golden age' is inspiring Kid Rock to make big gamble on stocks
Music legend Kid Rock reacts to President Donald Trump’s Michigan rally, calling it proof of a strong start to a “golden era" for the American economy.
IRS says tax collection is more efficient this year, and receipts are up more than 5%
The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on updating outdated IT systems.



















