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Tens of millions of taxpayers may be owed IRS refunds from COVID-era
on May 1, 2026 at 7:50 pmTens of millions of taxpayers may qualify for IRS refunds or reduced penalties from the COVID emergency period, but face a July 2026 filing deadline.
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AAA national average gas price soars about 33 cents in a week
on May 1, 2026 at 10:09 amThe AAA national average price for regular gas jumped more than nine cents higher in just a single day, rising from $4.30 as of Thursday to $4.392 as of Friday.
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Mortgage rates tick higher as geopolitical tensions mount
on April 30, 2026 at 9:23 pmThe average rate on a 30-year fixed mortgage rose this week to 6.3%, according to the latest Freddie Mac data released Thursday. That is up from last week’s reading of 6.23%.
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US national debt surpasses size of the economy for first time since World War II
on April 30, 2026 at 8:39 pmThe U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching over 100% of GDP in March.
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US economic growth bounces back, as AI buildout and consumer spending fuel first quarter
on April 30, 2026 at 7:43 pmFirst quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with consumer spending led growth.
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FedEx, UPS pledge to refund customers after Supreme Court tariff decision
on April 30, 2026 at 12:51 pmFedEx and UPS plan to pass tariff refunds back to customers after a Supreme Court ruling struck down duties imposed under IEEPA.
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Fed’s favored inflation gauge remained elevated in March
on April 30, 2026 at 12:32 pmThe latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war’s impact.
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US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds
on April 30, 2026 at 8:04 amRising fuel costs and tariff refund policies are pressuring U.S. shrimpers, with some delaying trips as profitability declines.
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Nearly 13K toddler towers recalled after dozens of injuries from stools collapsing, tipping
on April 30, 2026 at 2:46 amNearly 13,000 toddler tower stools across three brands were recalled after reports of collapsing and tipping led to dozens of injuries, regulators said.
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Powell says he’ll stay on Fed board after chairmanship ends but won’t be a ‘shadow Fed chair’
on April 29, 2026 at 10:56 pmFed Chair Jerome Powell says he won’t retire after his term ends next month, pledging to be a constructive governor and not a shadow Fed chair.
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Federal Reserve leaves interest rates unchanged as Powell’s chairmanship nears end
on April 29, 2026 at 6:00 pmFederal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell’s term as central bank chairman draws to a close.
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Gas prices soar to highest point so far during unsettled conflict with Iran
on April 29, 2026 at 4:57 pmThe AAA national average price for regular gas has risen to a whopping $4.229, the highest point so far amid the still unresolved war between the U.S. and Iran.
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Work more, lose less? New bill aims to end Social Security penalty
on April 29, 2026 at 1:33 pmA proposed bill from Sen. Rick Scott and Rep. Greg Murphy would let Social Security beneficiaries work without having their benefits reduced.
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Californians who move away are typically saving hundreds a month on housing costs
on April 28, 2026 at 8:41 pmCalifornians who leave the state save an average of $672 per month on housing and are 48% more likely to become homeowners, a UC Berkeley study found.
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Fed expected to hold rates as Powell era nears end with Warsh on deck
on April 28, 2026 at 6:55 pm
Fed Chair Jerome Powell hosts what may be his final news conference after the central bank announces its latest interest rate decision Wednesday.
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Chevron CEO warns aviation strain could worsen as jet fuel crunch deepens
on April 27, 2026 at 2:30 pmChevron CEO Mike Wirth says tightening jet fuel supplies may intensify airline pressure, with rising costs, reduced capacity and higher ticket prices expected.
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The $1,600 lettuce: California growers warn of ‘master plan’ strangling family farms
on April 27, 2026 at 10:00 amCalifornia farmers say soaring diesel prices, high electricity rates and heavy regulations are pushing small agriculture operations to the breaking point with a “get big or get out” mentality.
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Bessent torches Democrat’s ‘sanctions relief’ claims, calls $14B Iran/Russia charge a DNC talking point
on April 22, 2026 at 6:37 pmTreasury Secretary Scott Bessent and Sen. Chris Coons clash over claims that Iran gained $14 billion from temporary U.S. sanctions relief on oil.
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Trump says he wants ‘somebody’ to buy Spirit Airlines, opposes United-American merger
on April 21, 2026 at 6:57 pmPresident Donald Trump says he wants someone to buy Spirit Airlines as the low-cost carrier battles bankruptcy and rising fuel costs threaten its recovery plan.
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DOJ reportedly pursuing criminal antitrust probe of major meatpacking companies
on April 21, 2026 at 4:19 pmThe DOJ is reportedly investigating four major beef companies in a criminal antitrust probe after Trump claimed meatpackers manipulated cattle prices.
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How does Fed chair nominee Kevin Warsh view the central bank’s inflation goal?
on April 21, 2026 at 10:00 amFed chair nominee Kevin Warsh is testifying before the Senate Banking Committee and has previously signaled support for a range-based approach to inflation targets.
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Who is Kevin Warsh, Trump’s pick to succeed Jerome Powell as Fed chair?
on April 21, 2026 at 9:00 amPresident Donald Trump nominated former Federal Reserve Governor Kevin Warsh at the end of January to become chairman of the central bank.
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Soaring jet fuel prices threaten to drive up summer travel costs
on April 20, 2026 at 9:43 pmExperts advise booking summer flights now and using points as jet fuel costs nearly double, driving airfare hikes and potential airline route cuts.
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California built more homes than people over six years — so why is housing still so tight?
on April 20, 2026 at 6:47 pmCalifornia added 677,000 housing units while population grew by just 39,000, but vacancy rates remain tight amid a longstanding housing shortage.
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Trump admin to begin refunding $166B to businesses in wake of Supreme Court decision
on April 20, 2026 at 11:37 amBusinesses can now seek repayment of tariffs imposed under emergency powers after a Supreme Court ruling in February invalidated the policy.