"economic impact"

Treasury Secretary Scott Bessent says the Trump administration is taking action to prevent a financial crisis but admits there are “no guarantees” a recession won’t happen.  Speaking on Meet the …

The Federal Reserve announced Wednesday that it is keeping its benchmark interest rate unchanged, maintaining the federal funds rate at 4.25% to 4.5%.  This is the second straight meeting where …

President Donald Trump has reaffirmed that tariffs on imports from Canada and Mexico will proceed as planned. Speaking at a joint press conference with French President Emmanuel Macron, Trump made …

Inflation continued its upward trajectory in December, climbing to 2.9% on an annual basis, marking the third consecutive monthly increase. The latest Consumer Price Index (CPI) data, released by the …

Starting today, January 1st, Medicare Part D will limit out-of-pocket prescription drug costs to $2,000 annually, marking a significant change for beneficiaries. This adjustment, part of the Inflation Reduction Act …

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House Republicans have backed a new funding proposal supported by President-elect Donald Trump to prevent a looming government shutdown.  The American Relief Act of 2024 aims to keep the government …

With Christmas around the corner, many Americans are still struggling to pay off credit card debt from last year.  A recent WalletHub study found that nearly half of Americans are …

California’s ambitious zero-emission regulations are creating turmoil in the trucking and heavy-duty vehicle industry, leading to truck shortages, escalating costs, and business closures, according to industry leaders. The state’s Advanced …

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