Millions of Social Security beneficiaries will receive their July retirement payments, worth up to $4,873 per…
Tag: Finance and Economy
Walgreens latest company to announce store closures
Walgreens Pharmacy announced it would shut down numerous underperforming stores. The drug store chain’s plan to…
Hooters latest to close restaurants as industry struggles due to ‘market conditions’
It’s game over for dozens of Hooters sports bars. The chain, known for its chicken wings…
Top bitcoin miners launch new group, hope to be influential force in politics
Top bitcoin miners have launched a new nonprofit organization focused on educating and galvanizing voters around…
The stock market swell is more of a Magnificent Seven surge (which, in turn, is more of an Nvidia explosion)
Economic growth, while still robust, is slowing. At the same time, inflation continues to outpace the…
Inflation and consumer sentiment readings tough for Biden in election year
Inflation has not fallen anywhere near where the Federal Reserve hopes, and consumer sentiment is souring…
Fed holds interest rates steady as 2024 cut gets more elusive
The Federal Reserve held interest rates steady Wednesday following several months of higher-than-expected inflation, with investors…
Investors now see no interest rate cut before election in major blow to Biden
Investors now peg greater than even odds that there will not be a single interest rate…
FCC votes to restore net neutrality ended during Trump administration
The Federal Communications Commission voted on Thursday to restore Obama-era net neutrality guidelines that were axed…
GDP grew at 1.6% rate in the first quarter, lower than expected
The economy expanded at a 1.6% seasonally adjusted annual rate in the first quarter of this year,…
New home sales rose 8.8% in March despite higher mortgage rates
New home sales rose in March despite the housing market feeling the effects of higher mortgage rates, which have recently inched…
Reporter’s Notebook: The economic consequences of the Israel-Iran conflict
Washington Examiner Economics Reporter Zach Halaschak joins Magazine Executive Editor Jim Antle to discuss what the broader…
Manchin joins Tim Scott resolution to overturn new SEC climate disclosure rule
Sen. Tim Scott (R-SC) launched an effort Wednesday to overturn the Securities and Exchange Commission’s climate…
Biden calls for tripling of Chinese steel tariffs while courting Pennsylvania union workers
President Joe Biden called for tripling the tariffs on Chinese steel and aluminum, a policy proposal…
Biden pushes for the tax hikes on the rich that have mostly eluded him so far
President Joe Biden is campaigning on tax hikes on the wealthy and corporations of the kind…
Tax Day 2024: H&R Block website having problems as filing deadline nears
Popular tax filing service H&R Block is experiencing outages with its computer software as the tax…
New threat to Biden: Rising odds of no rate cuts before election
The rising odds that the Federal Reserve might not cut interest rates at all this year…
Reporter’s Notebook: Inflation running hotter than expected
Washington Examiner Economics Reporter Zach Halaschak joins Magazine Executive Editor Jim Antle to discuss the latest inflation…