Why Jerome Powell — not Trump — will decide when the Fed chief steps down
President Trump's latest threat to fire Federal Reserve Chair Jerome Powell could put them on a collision course when the...
USPS halts contributions to pension plan after warning of “cash crisis”
The U.S. Postal Service is suspending its contributions to the Federal Employees Retirement System, a pension plan for its workers...
These 2 bills would erase income taxes for millions of Americans
Two Democratic lawmakers are proposing tax overhauls that would eliminate federal income taxes for millions of Americans.The two bills —...
What Kevin Warsh as new Federal Reserve chair could mean for the economy
President Trump's move to nominate Kevin Warsh to replace Jerome Powell as Federal Reserve chair is likely to be viewed...
Trump administration delays tariff increases on furniture, kitchen cabinets
The Trump administration said on Wednesday it is postponing tariff increases on imported upholstered furniture, kitchen cabinets and vanities by a year,...
How could a government shutdown affect Social Security recipients?
Even with a U.S. government shutdown beginning on Wednesday, Oct. 1, the 74 million Americans who collect Social Security will...
ACA tax credits for 22 million are at the center of the shutdown drama
A possible U.S. government shutdown on Wednesday could hinge on a deal to maintain a tax credit that helps 22 million Americans...
Here’s what economists say about the impact of a government shutdown
A government shutdown could begin within days, halting pay for hundreds of thousands of federal workers and delaying services, as...
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December...
Fed Chair Powell faces delicate balancing act in Jackson Hole speech
When Federal Reserve Chairman Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will...
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