Governor Katie Hobbs has outlined her $17.1 billion budget.
Donald Trump was one of Brexit’s biggest cheerleaders. Now his Scottish golf courses are blaming it after over $5m in losses
Donald Trump's Turnberry golf resort hasn't made a profit in nearly a decade.
- Yahoo Finance
Biden is demanding that Republicans "show your budget." Here's why.
The Reserve Bank of Australia confirmed the new banknotes will feature a new design honoring "the culture and history of the First Australians"
- USA TODAY Opinion
Just as a family needs to budget carefully after an unexpected expense, the federal government also needs to rein in its spending.
At a time when a retirement crisis is looming so badly that even members of Congress agreed to do something about it, they managed to make it even worse.
Hochul is benefiting from an $8.7 billion surplus thanks to higher-than-expected tax revenue to fund projects and programs to appease a wide variety of constituencies.
The number of new jobs created in January rose by 517,000 to mark the biggest increase in six months, suggesting little erosion in a dynamic U.S. labor market even as the economy weakens.
Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as "gratifying" as it is that inflation has begun to slow, the central bank is nowhere near to reversing course or declaring victory. "It's going to take some time" for disinflation to spread through the economy, Powell said in a news conference following the Fed's latest quarter-point interest rate increase. It's not obvious which view will prove right: neither the Fed nor markets have a great predictive record since the central bank's current round of rate hikes began last March.
The U.S. unemployment fell to 3.4% from 3.5% in December, while the increases in nonfarm employment for December and November were revised higher.
- USA TODAY
Republicans say Social Security and Medicare won't be part of debt ceiling negotiations between Speaker Kevin McCarthy and President Joe Biden.
WASHINGTON (Reuters) -The U.S. Treasury Department said Friday it will make more Tesla , Ford Motor, General Motors and Volkswagen electric vehicles eligible for up to $7,500 tax credits after it revised its vehicle classification definitions. The reversal by Treasury is a win for Tesla, GM, Ford and other automakers which had pressed the Biden administration to change the vehicle definitions.
- Associated Press
Does the Federal Reserve have it wrong? For months, the Fed has been warily watching the U.S. economy's robust job gains out of concern that employers, desperate to hire, would keep boosting pay and, in turn, keep inflation high. The past year's consistently robust hiring gains have defied the fastest increase in the Fed's benchmark interest rate in four decades — an aggressive effort by the central bank to cool hiring, economic growth and the spiking prices that have bedeviled American households for nearly two years.
- Motley Fool
Arizona could become the first state in the nation to make Bitcoin legal tender. What does that mean for Bitcoin's future prospects?
- Business Insider
River Nice doesn't believe the stock market is ethical, but they help clients discover harm-reducing techniques that lead to ethical investments.
The surprise decline in weekly jobless claims reported by the Labor Department on Thursday raised cautious optimism that the economy could skirt a recession or just experience a shallow and short downturn. Federal Reserve Chair Jerome Powell told reporters on Wednesday that "the economy can return to 2% inflation without a really significant downturn or a really big increase in unemployment." "Some day soon economists will have to take down those calls for recession in 2023 because the labor market refuses to budge from the lowest unemployment rate in decades," said Christopher Rupkey, chief economist at FWDBONDS in New York.
The euro dipped against the dollar on Thursday after the European Central Bank raised interest rates by a widely expected 50 basis points, while the Bank of England adopted a more dovish tone on inflation. The ECB penciled in at least one more hike of the same magnitude next month and said it will then evaluate the subsequent path of its monetary policy. The BoE also raised rates by 50 basis points and dropped its pledge to keep increasing them "forcefully" if needed and said inflation had probably peaked.
- Detroit Free Press
With the exception of a slight increase in 2021, Michigan cable operators have seen a steady decline in customer subscriptions since 2016.
Benefits received from SNAP (food stamps) are considered a form of social welfare. According to the U.S. Census Bureau, there are two major types of public assistance programs: social welfare programs...
With warm weather and relatively affordable living costs, Arizona has long been a popular destination for retirees. While the average monthly costs of the necessities (rent, groceries, healthcare and...
Noting the 3.4 percent jobless rate, the lowest since May 1969, the president said “the Biden economic play is working.”