Economy
Image
Consumer prices increased 2.4% annually in January, less than expected
The rate was slower than forecast and down from the 2.7% the annualized rate in December,
Image
US economy added 130,000 jobs in January, exceeding Wall Street expectations
The Dow Jones consensus estimate was that 55,000 jobs would be added.
Image
Dow Jones clears 50,000 for the first time
The other major indices, the S&P 500 and NASDAQ, were up 1.75% and 1.87%, respectively.
Image
Why this week’s labor data matters more than the headlines
Before last fall’s government shutdown, the jobs market already was bending in a less reassuring direction.
Image
Tesla loses title of world's biggest EV maker after sales continue to drop
Tesla said it only delivered 1.64 million vehicles in 2025, down 9% from a year earlier. It also saw a drop in sales in 2024.
Image
New coins, ‘Redbacks’ released through Texas’ new Bullion Depository
Texas boasts the only state-run bullion depository in the country.
Image
Bankruptcies on the rise across US economy, large corporate filings highest in 15 years
Among the big companies that filed for bankruptcy were JoAnn Fabrics, Spirit Airlines and Hooters restaurants
Image
California presses wealth tax despite national unpopularity, billionaires threats to flee
A ballot initiative currently being prepared for November 2026, known as Initiative 25-0024 or the “2026 Billionaire Tax Act,” would impose a one-time 5% levy on the net worth of individuals and trusts with at least $1 billion in assets as of January 1, 2026.
Image
Louisiana businessman sells company for $1.7B, allocates $240M as bonuses for employees
The deal in which Eaton acquired Fibrebond committed payouts averaging over $400,000 to each of the 540 employees, to be paid out over five years.
Image
Report finds Americans are still paying off credit debt from last Christmas
Study was done by WalletHub.
Image
Trump preparing landmark new policy to spur up to 12 million new and affordable homes, adviser says
Housing costs are a major part of the "affordability" issue facing many Americans. President Trump is hoping his new plans will relieve much of that financial pressure.
Image
U.S. economy sets 2-year high for growth, exceeding analysts' expectations by more than 40%
Plunge in private business investment from second quarter nearly stopped in third quarter, down just 0.3%, Commerce Department says.
Image
Consumer prices increased in November at annualized rate of 2.7%, lower than expected
The rate was lower than the projected 3.1% by Wall Street.