Breaking
Finance

Finance & Economy

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

Legal Showdown Intensifies as Kalshi Battles States Over Prediction Market Regulation
Finance
Legal Showdown Intensifies as Kalshi Battles States Over Prediction Market Regulation
Prediction market platform Kalshi is engaged in a high-stakes legal battle with multiple states over whether its contrac
Treasury Taps BNY Mellon as Financial Agent for Trump Accounts Launch
Finance
Treasury Taps BNY Mellon as Financial Agent for Trump Accounts Launch
The Treasury Department has designated Bank of New York Mellon as the financial agent to implement the Trump Accounts pr
Dimon Warns Iran Conflict Could Trigger Recession Through Inflation, Rate Hikes
Finance
Dimon Warns Iran Conflict Could Trigger Recession Through Inflation, Rate Hikes
JPMorgan Chase CEO Jamie Dimon warns that the ongoing conflict with Iran risks creating stubborn inflation and elevated
Survey: One-Third of Americans Turn to High-Risk Crypto, Meme Stocks for Financial Planning
Finance
Survey: One-Third of Americans Turn to High-Risk Crypto, Meme Stocks for Financial Planning
A new study reveals a significant portion of Americans are planning to invest in high-risk, speculative assets such as c
CFTC Files Preemption Lawsuits Against Three States Over Prediction Market Crackdowns
Finance
CFTC Files Preemption Lawsuits Against Three States Over Prediction Market Crackdowns
The federal commodities regulator has launched lawsuits against three states, arguing their attempts to restrict predict
Trump Threatens Probe of State Farm, Insurers Over California Wildfire Claims
Finance
Trump Threatens Probe of State Farm, Insurers Over California Wildfire Claims
President Trump has vowed a federal investigation into State Farm and other insurance companies, alleging they provided
JPMorgan's Dimon Backs Iran Military Action, Cites Long-Term Threat Over Economic Disruption
Finance
JPMorgan's Dimon Backs Iran Military Action, Cites Long-Term Threat Over Economic Disruption
JPMorgan Chase CEO Jamie Dimon has voiced support for the ongoing military conflict with Iran, framing it as a necessary
New Study Reveals Six-Figure Salaries Required for Comfortable Living in Major U.S. Cities
Finance
New Study Reveals Six-Figure Salaries Required for Comfortable Living in Major U.S. Cities
A SmartAsset study finds single adults require six-figure salaries for comfortable living in major U.S. cities, with New
Dow Enters Correction Territory as Iran Conflict Rattles Financial Markets
Finance
Dow Enters Correction Territory as Iran Conflict Rattles Financial Markets
Major U.S. stock indices fell sharply Friday, with the Dow Jones Industrial Average entering correction territory as the
Fed Holds Rates Steady as Iran Conflict Reshapes Inflation Battle, Bond Yields Spike
Finance
Fed Holds Rates Steady as Iran Conflict Reshapes Inflation Battle, Bond Yields Spike
The Federal Reserve held interest rates steady, but rising bond yields and historic oil supply disruptions from the Iran
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