Further rate cuts in question as Fed policymakers deeply divided over December cut, minutes show
Federal Reserve policymakers were split on December's rate cut decision, with multiple dissents revealing disagreements over inflation and labor risks.…
Business
Tech billionaires threaten to flee California over proposed 5% wealth tax
Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger…
Small business owners remain ‘cautiously optimistic’ heading into 2026 amid rising costs, labor challenges
Small business owners remain optimistic about 2026 growth despite inflation and labor challenges, with 80% expressing confidence in their outlook.…
US economy expected to grow faster in 2026 despite stagnant job market: Goldman Sachs
Goldman Sachs economists predict U.S. economic growth will accelerate to 2.6% in 2026, driven by tax cuts, reduced tariff drag…
These major metro areas are seeing the most moves
New data reveals which U.S. metros have the highest housing turnover rates, with Missouri, Texas, Indiana and Nevada markets leading…
Musk sounds alarm on silver as China restricts exports needed for critical industrial processes
Elon Musk warned that China's new silver export restrictions could hurt industries using the metal as an input with the…
Mortgage rates fall ahead of Christmas holiday
The average rate on a 30-year fixed mortgage fell this week to 6.18%, according to the latest Freddie Mac data…
Cardinal Timothy Dolan reveals book, documentary offers after 16 years leading the Archdiocese of New York
Cardinal Timothy Dolan reveals book and documentary offers as he steps down from his role as archbishop of New York,…
Christmas travelers left stranded as airports see mass flight cancelations, delays
Winter storm reportedly causes major flight chaos at northeast travel hubs, with over 600 US flights canceled and 892 delayed…