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Finance & Economy

Economic policy, federal spending, Wall Street, trade wars, and the financial forces driving political decisions.

Alan Greenspan, Architect of Modern Fed, Dies at 100
Breaking
Alan Greenspan, Architect of Modern Fed, Dies at 100
Alan Greenspan, the longest-serving Federal Reserve chair of the modern era, died Monday at 100. His wife, Andrea Mitche
Fertilizer Costs Surge 40% Amid Iran War, Threatening Global Food Prices
Finance
Fertilizer Costs Surge 40% Amid Iran War, Threatening Global Food Prices
Fertilizer prices have surged 40% since the start of the Iran War, threatening to raise grocery bills across the board.
DC Bar's World Cup Promotion Hedged with Kalshi Bet on US Win Margin
Finance
DC Bar's World Cup Promotion Hedged with Kalshi Bet on US Win Margin
TallBoy bar in D.C. covers customer tabs for US World Cup wins by hedging with Kalshi prediction market bets, a tactic g
Warsh’s First Fed Meeting Ends with Rate Hold, but Inflation and Trump Pressure Mount
Finance
Warsh’s First Fed Meeting Ends with Rate Hold, but Inflation and Trump Pressure Mount
The Federal Reserve held rates steady at Kevin Warsh's first meeting, but inflation at a three-year high and Trump's dem
AI-Driven Market Rally Echoes Dot-Com Risks as Analysts Warn of Bubble
Finance
AI-Driven Market Rally Echoes Dot-Com Risks as Analysts Warn of Bubble
A growing number of analysts warn that the AI-driven stock market rally has evolved into a speculative bubble, with risk
Fox Corp. Acquires Roku in $22B Deal to Dominate Streaming TV Market
Finance
Fox Corp. Acquires Roku in $22B Deal to Dominate Streaming TV Market
Fox Corp. announced a $22 billion acquisition of Roku, merging its live news and sports content with Roku's streaming pl
Visa Integrates Payment Network into ChatGPT for AI-Led Purchases
Finance
Visa Integrates Payment Network into ChatGPT for AI-Led Purchases
Visa has integrated its payment network into ChatGPT, allowing AI agents to independently shop and complete transactions
May Inflation Surge: 7 Items Hit Hardest as Prices Spike 4.2%
Finance
May Inflation Surge: 7 Items Hit Hardest as Prices Spike 4.2%
Inflation hit 4.2% in May, the highest in three years, driven by energy costs and the Iran conflict. Seven items, from f
SpaceX IPO Opens Door to Small Investors, But Risks Abound
Finance
SpaceX IPO Opens Door to Small Investors, But Risks Abound
SpaceX is aiming for a blockbuster IPO that reserves a large portion of shares for everyday investors, but the company's
Costco Cuts Prices on Key Items Amid Persistent Inflation Pressures
Finance
Costco Cuts Prices on Key Items Amid Persistent Inflation Pressures
Costco has lowered prices on several top-selling items, bucking the trend of rising costs fueled by high gas prices and
Record Number of $2 Bills in Circulation, but None This Year
Finance
Record Number of $2 Bills in Circulation, but None This Year
The U.S. has paused printing $2 bills for the first time in years, despite a record 1.8 billion in circulation. Collecto
US Debt Market Strains: High Treasury Yields, Foreign Pullback, and Fiscal Risks
Finance
US Debt Market Strains: High Treasury Yields, Foreign Pullback, and Fiscal Risks
Treasury yields hit 2007 highs as foreign holders sell US debt, Japan and China reduce holdings, and the deficit exceeds