California Gov. Gavin Newsom acknowledged that the state’s proposed wealth tax is bad economics. Newsom said he feels vindicated in opposing the proposed wealth tax after reports showed some of…
A federal judge overturned an order by the Interior Department halting construction of a $6.2 billion offshore wind project. Danish offshore wind developer Orsted will now be able to resume…
Traders on prediction platforms Kalshi and Polymarket are betting that the nation’s highest court is unlikely to rule in favor of President Donald Trump‘s tariffs. Traders on Kalshi now give…
President Donald Trump’s call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday…
Pizza may not be the delivery meal it once was, but one player is still dominating, according to an industry analyst. The pizza industry is facing intensifying competition, not just…
U.S. Attorney for the District of Columbia Jeanine Pirro said on Monday the Federal Reserve repeatedly failed to respond to outreach from her office regarding alleged cost overruns and Chairman…
A group of global central bank leaders issued a joint statement on Tuesday to express their support for Federal Reserve Chair Jerome Powell as he faces a criminal investigation from the…
JPMorgan Chase CEO Jamie Dimon said Tuesday that Justice Department grand jury subpoenas issued to the Federal Reserve risk undermining the central bank’s independence and could ultimately push inflation expectations…
The rapid expansion of artificial intelligence (AI) data centers is raising alarms over how much power and water they consume — and what that could mean for Americans’ utility bills…
Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its investment away from metaverse products. “We said…
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