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Finance & Economy

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

Geopolitical Tensions Drive Mortgage Rates to Seven-Month High
Finance
Geopolitical Tensions Drive Mortgage Rates to Seven-Month High
Mortgage rates have reached their highest level since September, with the 30-year fixed rate hitting 6.38%, driven by ec
Trump's Signature to Appear on U.S. Currency, Breaking Historic Precedent
Finance
Trump's Signature to Appear on U.S. Currency, Breaking Historic Precedent
The Treasury Department announced it will place President Trump's signature on U.S. currency to mark the nation's 250th
Bipartisan Fiscal Forum Proposes 3% Deficit Cap to Stabilize National Debt
Finance
Bipartisan Fiscal Forum Proposes 3% Deficit Cap to Stabilize National Debt
The Bipartisan Fiscal Forum is calling on Congress to establish a 3% deficit-to-GDP target to stabilize the national deb
OECD Projects 4.2% U.S. Inflation as Middle East Conflict Disrupts Global Energy Markets
Finance
OECD Projects 4.2% U.S. Inflation as Middle East Conflict Disrupts Global Energy Markets
A new OECD report projects U.S. inflation at 4.2% for 2026, attributing economic pressure to the ongoing conflict with I
Global Conflict Tests U.S. Economic Primacy as Trade Tensions with China Persist
Finance
Global Conflict Tests U.S. Economic Primacy as Trade Tensions with China Persist
A century after Calvin Coolidge's declaration, American commerce remains central to global prosperity, yet faces severe
BlackRock CEO Warns $150 Oil Could Trigger Global Economic Contraction
Finance
BlackRock CEO Warns $150 Oil Could Trigger Global Economic Contraction
BlackRock CEO Larry Fink warns that oil prices reaching $150 per barrel due to the Iran conflict could cause a 'stark an
NBA Board Authorizes Formal Expansion Exploration for Seattle, Las Vegas Franchises
Finance
NBA Board Authorizes Formal Expansion Exploration for Seattle, Las Vegas Franchises
The NBA's governing board has voted to authorize a formal exploration of expansion into Seattle and Las Vegas, initiatin
United Airlines Bets on Premium Economy with New 'Relax Row' Convertible Seating
Finance
United Airlines Bets on Premium Economy with New 'Relax Row' Convertible Seating
United Airlines has unveiled a new premium economy seating product called 'United Relax Row,' featuring convertible seat
Ocasio-Cortez Dismisses Prediction Market Reforms as 'Fig Leaf' Against Insider Trading
Finance
Ocasio-Cortez Dismisses Prediction Market Reforms as 'Fig Leaf' Against Insider Trading
Rep. Alexandria Ocasio-Cortez called new insider trading restrictions by prediction markets Kalshi and Polymarket 'absol
Murphy Alleges $1.5 Billion Oil Futures Trade Preceded Trump's Iran Announcement
Finance
Murphy Alleges $1.5 Billion Oil Futures Trade Preceded Trump's Iran Announcement
Senator Chris Murphy highlighted a $1.5 billion oil futures trade that occurred minutes before President Trump announced
Prediction Markets Kalshi, Polymarket Impose New Insider Trading Restrictions Amid Scrutiny
Finance
Prediction Markets Kalshi, Polymarket Impose New Insider Trading Restrictions Amid Scrutiny
Prediction market platforms Kalshi and Polymarket have unveiled new policies to prohibit insider trading, specifically t
Fink Warns AI Could Worsen Wealth Gap, Advocates Long-Term Investment Strategy
Finance
Fink Warns AI Could Worsen Wealth Gap, Advocates Long-Term Investment Strategy
BlackRock CEO Larry Fink contends that the AI revolution risks concentrating wealth further and that a shift to long-ter