U.S. Economy
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Politics
Trump’s 50-Year Mortgage Plan Sparks Fierce Debate Among Economists and Lawmakers
Donald Trump’s push for 50-year fixed-rate mortgages has split experts and politicians alike. Supporters say it could ease monthly payments;…
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Business
Powell Speech Today: Fed Rate Cut in Focus, Markets on Edge
Federal Reserve Chair Jerome Powell is set to address markets after today’s expected rate cut. His speech may reveal how…
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Business
Trump Fires Bureau of Labor Statistics Chief After Weak Jobs Report
President Trump ousts BLS Commissioner Erika McEntarfer following a worse-than-expected July jobs report. Economists warn the move undermines trust in…
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Politics
Inside Trump’s “One Big, Beautiful Bill”: Tax Cuts, Welfare Rollbacks, and a Political Gamble
President Trump’s latest legislative win locks in 2017-era tax cuts, enforces historic Medicaid work mandates, pours billions into ICE, and…
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Business
Fed Holds Rates Steady as Jobs Data Hides Private-Sector Weakness
June’s job gains beat expectations, but the real story is weaker private-sector growth and falling labor participation—factors that make a…
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Politics
Trump’s “One Big, Beautiful Bill” Advances in Senate — But the Numbers Don’t Add Up
The Senate is moving forward with Trump’s massive legislative package, a 940-page bill that permanently extends tax cuts, funds a…
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Business
Fed Signals No Rush on Rate Cuts as Tariff Uncertainty Clouds Outlook
Federal Reserve Chair Jerome Powell told Congress the Fed will hold rates steady amid inflation uncertainty driven by new tariffs.…
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Business
Fed Holds Rates, Warns of Tariff-Driven Inflation and Slower Cuts Ahead
The Federal Reserve left rates unchanged but flagged fresh inflation risks tied to tariffs. Powell warned that projections of two…
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Business
Dollar Holds Ground Amid Weak U.S. Retail Data and Middle East Turmoil
The U.S. dollar edged higher despite weak retail sales and rising Middle East tensions. As markets await the Fed’s next…
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