category: Economy
Trump's top economic adviser calls out Fox News polling on air, citing partisan oversampling
National Economic Council director Kevin Hassett confronted Fox News host Peter Doocy on the network's own airwaves, dismissing the outlet's…
By Jimmy Turner
Hedge fund billionaire John Overdeck settles into $72M Palm Beach mansion with new girlfriend while divorce drags on
Two Sigma co-founder John Overdeck, worth an estimated $8 billion, has moved into a 16,000-square-foot Palm Beach waterfront estate with…
By James Carver
McClatchy slashes 40% of staff at California newsrooms in sweeping layoff round
McClatchy gutted newsrooms across California and more than a dozen other papers nationwide, cutting over 90 journalists in what one…
By Jimmy Turner
Ford faces mounting Republican pressure over deep business ties to Chinese companies
Transportation Secretary Sean Duffy and congressional Republicans are pressing Ford Motor Company over its entanglements with Chinese firms linked to…
By Elizabeth Delaney
Cracker Barrel CEO Julie Felss Masino exits after botched rebrand drove away the chain's core customers
Cracker Barrel pushed out its CEO less than three years into her tenure, ending a turbulent stretch in which a…
By Jimmy Turner
Obama Presidential Center subcontractor forced to close, lay off 25 workers over nearly $4 million in disputed payments
A Chicago plumbing contractor that helped build the Obama Presidential Center has shut down and laid off its workforce after…
By Jimmy Turner
Trump signs executive order hitting imported brand-name drugs with 100 percent tariff
President Trump signed an executive order Thursday imposing a 100 percent tariff on imported brand-name pharmaceuticals and their active ingredients,…
By Elizabeth Delaney
Mortgage rates drop below 6% for first time since September 2022
The 30-year fixed mortgage rate fell to 5.98 percent this week, according to Freddie Mac, breaking below the six percent…
By Christina Davie
January inflation drops to 2.4%, beating forecasts as key household costs cool
Consumer prices rose just 2.4% year-over-year in January, undershooting the 2.5% economists had projected and marking a 0.3 percentage-point drop…
By Christina Davie
House passes resolution to repeal Trump's Canada tariffs after six Republicans defect
Six House Republicans broke ranks on Wednesday and handed Democrats a 219-211 vote to terminate President Trump's tariffs on Canada…
By Christina Davie
