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News
Trump’s $5,000 Promise Carries a $1.23 Trillion Price Tag: Does the Treasury Have the Cash?
1+ day, 5+ hour ago (284+ words) President Donald Trump has promised a $5,000 “dividend” to every adult U.S. citizen if Republicans keep control of both chambers of Congress in November. There’s just a little problem. The U.S. Treasury doesn’t have the money to write this…...
Stubbornly Hot Inflation Raises Pressure on the Fed
1+ day, 5+ hour ago (78+ words) Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer…...
Peter Schiff Warns Trump’s $5,000 Voter 'Bribe' Could Trigger 'Massive Inflation' Worse Than Under Biden: 'The Craziest Part Is..."
1+ day, 7+ hour ago (149+ words) Economist Peter Schiff criticized President Donald Trump‘s promise of a $5,000 payout to adult voters, warning it could cause a significant inflation spike. Schiff took to X to express his concerns over Trump’s pledge to lure voters ahead of the......
The New Fed Chair Only Knows High Inflation and That Matters
1+ day, 8+ hour ago (75+ words) <p>The latest inflation reading has markets pricing in a higher likelihood of an interest rate hike as the new Fed Chair grapples with persistent and rising core inflation. Aristotle Pacific's Jeff Klingelhofer shares why the environment matters for a new…...
US consumer prices accelerate in August, push Fed closer to rate hike
1+ day, 9+ hour ago (548+ words) By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
Trump says he’s open to Chinese automakers building cars in the U.S.
1+ day, 11+ hour ago (325+ words) Investing.com -- President Donald Trump said he would be open to Chinese automakers building vehicles in the United States with American workers, even as he pledged to maintain restrictions that have effectively shut Chinese-made cars out of the U.S. market. Trump…...
US midterm election betting races past 2024 congressional total, data shows
3+ week, 5+ day ago (442+ words) Aug 17 (Reuters) - Betting on November's U.S. midterm elections has already hit $133 million, surpassing the $92.4 million wagered during the 2024 congressional election cycle, the Anti-Corruption Data Collective said on Monday. The non-profit research and advocacy group forecast that total wagers on the 2026 midterms…...
Disney’s ABC Reportedly In Talks To Keep Jimmy Kimmel As Late-Night TV Ad Spending Slumps — DIS Stock In Focus
2+ day, 1+ hour ago (479+ words) Kimmel moved to a one-year contract in 2025 after previously signing three-year deals. Late-night TV advertising spending reportedly fell to $209 million in 2025 from $519.7 million in 2017. ABC suspended "Jimmy Kimmel Live!" for six days in 2025 following backlash over Kimmel's comments about the…...
Billionaire Delo Gives Record £36 Million to Farage’s Reform UK
1+ day, 15+ hour ago (793+ words) (Bloomberg) -- BitMEX founder Ben Delo pledged £36 million ($48.7 million) to Nigel Farage's Reform UK, a record donation designed to help the insurgent party fend off its critics while turbo-charging its attempts to gain power at the next general election. Toyota Unveils…...
What ‘Affordable Health Insurance’ Meant in 2010 vs. 2026
9+ hour, 53+ min ago (192+ words) Compare how health insurance affordability changed between 2010 and 2026. Discover subsidy cliffs, premium spikes and the real cost of coverage....