Apr 15 As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building By Paul Wiseman, Michael Kunzelman, Associated Press Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, according to someone familiar with the visit. Continue reading
Apr 14 Watch 7:44 Who is benefiting the most from the Trump administration's tax cuts By Stephanie Sy, Courtney Norris Tax Day is on Wednesday, and President Trump and Republican lawmakers are trying to draw attention to new tax cuts and increased deductions approved last year. But with the war, higher gas prices and other economic costs, some polls suggest… Continue watching
Apr 14 IMF cuts the outlook for global growth in the fallout from from Iran war By Paul Wiseman, Associated Press The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday. Continue reading
Apr 14 U.S. wholesale prices surged 4% last month during the Iran war By Paul Wiseman, Associated Press The surge in prices complicates the work of the inflation fighters at the Federal Reserve, who have faced intense pressure from President Donald Trump to lower their benchmark interest rate. But some Fed policymakers are inclined to raise rates instead,… Continue reading
Apr 13 Filling out your state tax return? What to know about Trump's tax breaks for tips and overtime By David A. Lieb, Associated Press The tax-filing deadline is Wednesday for the federal government and most states. Continue reading
Apr 13 Oil prices give back much of their morning jump as U.S. stocks climb on a still hopeful Wall Street By Stan Choe, Associated Press Hope remains on Wall Street that both sides can still avoid a worst-case scenario for the global economy in the US-Iran war, and U.S. stocks climbed. Continue reading
Apr 13 The 'biggest mistake' people make when they're falling behind on mortgage payments By Hannah Grabenstein While nonpayments remain below national levels before the COVID-19 pandemic, the number of mortgages in delinquency ticked upward in February, according to a monthly report from Intercontinental Exchange. Continue reading
Apr 12 Iran war puts prediction markets back in the spotlight By Wyatte Grantham-Philips, Associated Press Prediction markets let people wager on just about anything — from basketball games to elections. And among more jarring bets recently, the fate of the U.S. and Israel’s war against Iran. Continue reading
Apr 11 Tribally owned gas stations offer cheaper fuel as Iran war drives up prices By Mead Gruver, Associated Press Tribes exempt from state fuel taxes can sell for much less than competing stations nearby. Continue reading
Apr 11 New vehicles now sell for an average of nearly $50,000 By Alexa St. John, Associated Press Consumer prices rose 3.3% in March, the biggest yearly increase since May 2024, while new car prices were up 12.6% from a year ago, the Labor Department reported. Continue reading