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Kevin Hassett says inflation will drop sharply once Strait of Hormuz reopens
Kevin Hassett expects inflation to fall by year's end as energy prices decline, pointing to strong economic momentum and falling Treasury yields.
BP ousts chairman over ‘serious’ governance concerns as shares tumble
BP shares fell after the company ousted Chairman Albert Manifold over governance and conduct concerns, adding to years of executive upheaval.
These 5 cities are seeing big home price cuts
Five housing markets led the nation in price cuts in April 2025, with some seeing reductions on nearly one-third of listings amid weak buyer demand.
Chipotle rival Guzman y Gomez Mexican Kitchen closes all US restaurants
Guzman y Gomez, which once planned hundreds of U.S. locations, has permanently closed all American restaurants after struggling in the Chicago market.
National Debt Tracker: American taxpayers (you) are now on the hook for $39,071,200,457,366.45 as of 5/22/26
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.
Hosting a Memorial Day cookout? Here's how much it could cost
Memorial Day grilling costs are notably higher as inflation data shows beef, hot dogs, and fresh vegetables all saw significant year-over-year increases.
Kevin Warsh sworn in as Federal Reserve chair
Supreme Court Justice Clarence Thomas swore in Kevin Warsh as the chair of the Federal Reserve during a ceremony at the White House on Friday, after his pick to succeed Jerome Powell was confirmed last week.
Workers face growing 'automation anxiety' as tech layoffs surge, AI adoption accelerates
AI automation anxiety is growing as over 85,000 tech jobs were cut through April 2026. One CEO says short-term job creation will come from AI tool adoption.
Philadelphia voters approve first city-run retirement savings program for workers without 401(k) plans
Philadelphia passed a ballot measure creating PhillySaves, the nation's first city-run auto-IRA program for workers lacking employer retirement plans.
Trump makes major investment in trendy revolving sushi chain
President Donald Trump disclosed a potentially multimillion-dollar investment in a popular sushi chain amid a broader portfolio shift involving restaurant and tech stocks.









