Finance
Image
Apple won't raise price of next-gen devices despite tariffs
Apple follows Google's lead, holding prices steady for next wave of products
Image
Treasury Secretary Scott Bessent calls for review of Federal Reserve
Bessent argued that the core missions of the banking system are promoting full employment, stable prices and moderate long-term interest rates and that it has been distracted from these missions.
Image
Congressional Budget Office says Trump tariffs will reduce deficits by $4 trillion over next decade
The number is an increase from the budget office's previous prediction in June, which found that it would reduce federal deficits by $2.8 trillion over the next decade.
Image
Commerce Sec Howard Lutnick signals Intel deal has been completed: US 'now owns 10%' of company
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
Image
Treasury Department confirms US has surpassed $37 trillion in debt
The United States reportedly reached $34 trillion in debt in January 2024, $35 trillion in July 2024, and $36 trillion in November.
Image
Jamie Dimon appears less skeptical of new Trump tariffs: 'So far, so good'
The comments occurred the same day Trump revealed the latest tariff rates on over 70 countries, which included 35% tariffs on Canadian goods and 10% for the United Kingdom.
Image
Over 100 LA County lifeguards earn $500K annually, watchdog report
Los Angeles is ranked the 25th most expensive U.S. city, with a medium household income of $82,848, compared to the national average of $79,466.
Image
S&P 500 reaches record high, gains rough 20% after plummeting over investor fears of Trump tariffs
The S&P 500 closed Friday at 6,173, surpassing its previous high of 6,144 in February.
Image
Treasury sanctions fugitive leader of Venezuelan Tren de Aragua gang
The Treasury Department accused Mosquera Serrano of being part of the gang's drug trafficking and financial operations.
Image
United States reaches $37 trillion in debt
The benchmark comes after the U.S. passed the $36 trillion debt threshold in November.
Image
Trump's 2025 financial disclosure reveals president made $57 million from cryptocurrency startup
Trump also made millions off of royalties for various luxury items last year, including a guitar, sneakers, watches and Bibles. Altogether the royalties equaled over $12 million.
Image
Advocacy group at heart of anti-ICE protests in LA has long raised money through ActBlue
Although a different credit-card processor is used on their own webpage, The Coalition for Humane Immigrant Rights of Los Angeles (CHIRLA) is listed in ActBlue's official directory.
Image
Citibank reverses course, drops anti- Second Amendment policy
While claiming it “has always been fully committed to treating all current and potential clients fairly,” it said concerns were raised “regarding ‘fair access’ to banking services.”