Jul 13 WATCH: Fed chair Kevin Warsh testifies on inflation and monetary policy in House hearing By Christopher Rugaber, Associated Press Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation “a thing of the past," yet he provided no signal about the central bank's next steps. Continue reading
Jul 12 When managing your money, take a chatbot's 'confidence' with a grain of salt By Pawan Jain, The Conversation According to a 2025 survey of 2,000 U.S. adults by Pearl.com, a professional services platform, 19% said they lost more than $100 by following financial advice from an AI chatbot. Continue reading
Jul 10 Apple files lawsuit against OpenAI, accusing ChatGPT maker of stealing trade secrets By Kaitlyn Huamani, Matt O'Brien, Associated Press Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company. Continue reading
Jul 10 Older Americans face financial fraud. Here's what experts think about a new bill targeting scams By Hannah Grabenstein Financial abuse cost older victims nearly $2.4 billion in 2024, according to incidents reported to the Federal Trade Commission. Continue reading
Jul 09 U.S. home prices hit an all-time high as sales slow and mortgage rates rise By Alex Veiga, Associated Press Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges. Continue reading
Jul 08 Watch 6:55 As living costs soar, more retirees head back to work By Paul Solman, Layla Quran As the cost of living continues to rise in the United States, people are finding it more difficult to make ends meet. Older Americans are feeling it more than most. Paul Solman reports on what's forcing many retirees to unretire. Continue watching
Jul 08 World economy expected to grow sluggish 3% this year, IMF says By Paul Wiseman, Associated Press The IMF forecasts assume that the Strait of Hormuz reopens later this month — even though U.S. strikes on Iran resumed and President Donald Trump declared Wednesday that a ceasefire with Iran was over. Continue reading
Jul 06 Watch 8:43 Who could benefit the most from Trump's investment accounts for children By Paul Solman, Diane Lincoln Estes, Ryan Connelly Holmes Trump Accounts are officially open. They’re the first federal tax-advantaged investment accounts for kids. Some 87 companies, foundations, individuals and states have announced contributions to the accounts. The question is, can they deliver the benefits that are being promoted? Economics… Continue watching
Jul 06 WATCH: Trump says he never talks to his kids about business as president but 'I think I'm allowed to' By Associated Press President Donald Trump also offered a dubious history lesson, suggesting that, as president, George Washington had two desks — one for business matters and another for the presidency. Continue reading
Jul 06 WATCH: Trump officially launches Trump Accounts for kids, ringing Wall Street opening bell By Josh Boak, Associated Press President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the… Continue reading