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By Staff
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By Staff
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By Staff
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The FOMC maintained the federal funds rate at 5.25-5.50%, citing 'lack of progress' toward its 2% inflation target and adjusting market expectations for future rate cuts.
California is set to increase its gas tax to nearly 60 cents per gallon on July 1, exacerbating the financial burden on motorists already paying $1.70 more per gallon than the national average.
Federal investigators are probing Block's Square and Cash App for 'compliance issues,' including sanction violations and terrorist funding.
President Biden's proposed 45% capital gains tax, the highest in a century, could significantly impact U.S. investment.
House Republicans criticize the Biden administration's EPA directive to cut emissions from coal and gas plants by 2039, arguing it threatens economic viability and could shut down numerous utilities.
Critics slam the WHO's pandemic treaty for disregarding mistakes from COVID-19 and threatening civil freedoms.
Consumer confidence and employment trends in the U.S. signal a looming recession, with economic indicators like regional Fed surveys and a stagnant bond market highlighting increasing challenges.
Treasury Secretary Janet Yellen defends the Biden administration's economic policies, asserting that Americans are financially better off despite ongoing inflation concerns.
Inflation continues to hit low-income consumers hardest, impacting their spending as noted by top companies.
Roger Ver faces a U.S. DOJ indictment for failing to report substantial capital gains from 2017 bitcoin sales.
The House subcommittee is investigating the influence of environmental groups like the Pueblo Action Alliance on the Department of the Interior.
Changpeng Zhao, former CEO of Binance, was sentenced to four months in prison despite the DOJ's push for a three-year sentence.
China has threatened retaliation against the U.S. after President Biden signed a $95 billion aid package aimed at countering Chinese influence and mandating TikTok's divestiture.
HUD's new energy efficiency mandates could increase new home construction costs by up to $31,000.
