Retail

Bill Ackman slams California's proposed billionaire wealth tax as "expropriation of private property" as tech moguls reportedly consider leaving the state.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

Bank of America data reveals a stark K-shaped economy as higher-income Americans spend 2.6% more while lower-income households manage just 0.6% growth.

More Americans are planning financial resolutions for 2026, with 64% focusing on short-term savings goals amid inflation concerns, up from 56% last year.

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for overtime.

Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, according to new EIA projections.

A federal judge ruled the Trump administration must secure CFPB funding after blocking shutdown attempts. The consumer protection agency faces critical funding crisis.

Mortgage rates drop to their lowest point in 2025, offering potential relief for homebuyers in today's competitive housing market across the nation.

Federal Reserve Chair Jerome Powell's term ends in May 2026, but President Trump plans to pick his replacement by January.