Latest Job Numbers May Be an Important Piece to Determining a Recession
The job report for July comes out on Aug. 5, and many are anticipating the numbers because they could signal an official recession.
U.S. Economy & Politics
News about policies and legislation affecting the financial world, from changes to the tax code, economic stimulus packages, and government programs that affect everything from the stock market to personal finance.
What Happens When a Member of Congress Dies Before an Election?
What happens when a member of Congress dies before an election? Usually, a special election is required. We'll take a look at the laws.
Biden's Executive Orders on Abortion Aim to Protect Women's Healthcare Rights
Biden’s latest executive order on abortion aims to protect access to reproductive healthcare services. Will it make it easier for women to access an abortion?
Wikipedia Clamps Down on Changes to "Recession" Definition
Wikipedia, which allows almost anyone to edit it, has had so many edits to the “recession” page that it has clamped down on the number of changes that can be made.
What Will Happen if the MORE Act Is Passed the Senate
The MORE Act passed the House in April 2022, and will next move to the Senate. When does the Senate vote on the MORE Act?
Trudy Busch Valentine's Net Worth and Investments May Impede Her Race for Senate
Senate candidate Trudy Busch Valentine is running for Senate but her healthcare investments and net worth have been concerning voters.
Biden’s Daughter’s Diary Allegedly “Passed Around” at Trump Fundraiser
Get all the details on who allegedly brought Ashley Biden’s diary to a Trump fundraiser for attendees to view. What happened to the diary?
Arizona's MAGA Gubernatorial Candidate Kari Lake Has a Solid Net Worth
Kari Lake, former TV journalist, is running in the Republican primary for Arizona's governor. What's her net worth today? Here's what we know.
Will Senator Krysten Sinema Vote For the Inflation Reduction Act?
Senator Krysten Sinema, a Democrat from Arizona, will cast a key vote in the Inflation Reduction Act, but remains undecided.
Why Is U.S. 10-Year Treasury Yield Going Down? Here’s the Scoop
The yields on U.S. 10-year Treasury have fallen to around 2.5 percent, which is almost 100 basis points lower than the 2022 peak. Why are the yields going down?
Should You Invest in an Inflation ETF? Pros and Cons
Inflation ETFs seek to capitalize on or quell inflation. Are they worth investing in amid a bear market? Let's look at the pros and cons.
Everything You Need to Know About Andrew Yang's "Forward Party"
Andrew Yang thinks his Forward Party is the solution to our political divide. Here we explain what the Forward Party stands for and what candidates are aligning with the third party option.
Has Fox Really Banned Donald Trump? Reduced Coverage, Explained
Fox News, the formerly staunch ally of Donald Trump, hasn't given him as much coverage. Some conservative outlets are saying that Fox banned Trump.
What Are Rosanna Scotto’s Political Beliefs?
Rosanna Scotto is a Fox 5 TV news anchor with over 30 years in the business. Her political beliefs seem to lean conservative, though she doesn't always speak candidly about them.
How Long Will Inflation Last? Should Come Down in 2023
Amid soaring prices, many are wondering how long inflation will last. Will inflation eventually come down in 2023? Is inflation near its peak?
Is The U.S. Officially In A Recession? Economists Say No
Rising inflation, high prices at the grocery store, and increasing interest rates are factors hurting almost every American. Is the U.S. officially in a recession?
Burn Pit Bill Loses Support From Senate GOP — Here’s Who Voted No on It
Pat Toomey, Chuck Schumer, and Joni Ernst were a few senators who voted "no" on the burn pit bill. Here's why the bill lost support. Many veterans are shocked.
Pennsylvania Senate Candidate John Fetterman Is Highly Educated
Pennsylvania Senate candidate John Fetterman is highly educated, with not only a BA, but also an MBA and Masters in Public Policy.
Former House Speaker Newt Gingrich Is Still Worth Millions
Newt Gingrich, the former Speaker of the House, has made millions from his businesses, writing, and consulting. What is his net worth?
Ron DeSantis Declares War on ESG — Ideological Investing, Explained
ESG (environmental, social, and governance) is a form of ideological investing. We'll explain ideological investing in more detail.
Congressional Baseball Game Draws a Big Crowd, Benefits Charities
The congressional baseball game takes place on July 28, where Republicans will go against the Democrats. Which charities benefit from the game?
Will the Climate Bill Really Help Inflation Like Manchin Says?
In a major reversal of opinion, Senator Joe Manchin has announced that he’s in favor of the climate and tax plan, citing its benefits for inflation.
Waiting for Your Inflation Relief Check? Here’s the State-by-State Situation
As skyrocketing costs pressure consumers, some states are sending out inflation stimulus checks. When will inflation relief checks start?
Semiconductor Stocks to Buy Now as Senate Passes CHIPS Act
The U.S. Senate has passed the CHIPS and Science Act and it will now head to the House. What are the best semiconductor stocks to buy now?
Has Media Pundit Ann Coulter Been Blackballed? Fans Notice Her Absence
Fans think Ann Coulter has been blackballed. She hasn't been present on TV since she started opposing Donald Trump. Keep reading to find out why.
Microchip Legislation Forges Ahead, Final Vote Coming Soon
U.S. lawmakers are making progress on legislation that could rectify the ongoing semiconductor shortage. Here's what the microchip legislation includes and what to expect.
What's the Highest Fed Interest Rate Ever? All the Details
As the Federal Reserve prepares to announce another rate hike, many wonder about other high interest rates. What's the highest interest rate ever?
Walmart’s Inflation Warning Could Impact Fed Meeting Outcome
Economic data has been soft and Walmart has warned of inflation hurting sales. Will Walmart’s warning impact the outcome of the Fed's meeting?
Biden’s LGBTQI+ Executive Order — Historic Move, Explained
On June 15, 2022, President Joe Biden signed an executive order that advances equality for LGBTQI+ individuals. Here's what the executive order addresses.
Florida Faces a Teacher Shortage, Over 9,000 Unfilled Positions
Florida is said to be facing a teacher shortage of over 9,000 school personnel positions this fall. It isn't the only state struggling to fill classroom positions.
Janet Yellen Downplays Recession Risk, Calls It a 'Transition'
U.S. Treasury Secretary Janet Yellen downplayed recession risks and said that the economy is in a "transition." Is she right or wrong?
Will Interest Rates Continue to Rise After Fed Meeting This Week?
So far, the Fed has met four times in 2022 and has raised rates three times. Will interest rates continue to rise after the Fed meeting this week?
Why Is Nancy Pelosi Going to Taiwan? Tensions Continue to Mount
Speaker of the House Nancy Pelosi is planning an August visit to Taiwan, despite warnings from military officials that it would provoke China.
Fact Check: Did Biden Change Recession Definition Ahead of Q2 GDP?
A White House blog post has courted controversy over its definition of "recession." Is Joe Biden trying to redefine recession ahead of the U.S. second-quarter GDP release?
BRICS Is Working on a New Global Reserve Currency
Vladimir Putin said that BRICS is working on a new currency. Could it replace the U.S. dollar to become the global reserve currency?
195 House Representatives Voted Against the Contraception Bill
As lawmakers seek to codify the right to contraception into federal law, hundreds of House Representatives voted against the bill.
A Recession Seems Imminent — If It Happens, How Long Might It Last?
Talks about a recession have been increasing and people are trying to prepare. If there were a recession, how long would it last? Here is what history tells us.
The U.S. Dollar Is Strong — And Getting Stronger
The U.S. dollar and euro reached parity recently. Here’s why the U.S. dollar is so strong and what it means for the global markets.
Georgia's Heartbeat Bill Goes Into Effect Immediately With Very Few Exceptions
'Roe v. Wade' being overturned paved the way for Georgia to implement its 2019 Heartbeat Bill. Does the state make any exceptions regarding abortions?
USPS Revises Its Electric Vehicles Contract Again — All the Details
The USPS revised its contract and plans for purchasing fleet vehicles, increasing the percent that will be electric from 10 percent–40 percent.
Fact Check: Did President Biden Say He Has Cancer?
During a speech on climate change, Biden said he had cancer. Is the President terminally ill? Or was this just a moment of him fumbling his words?
Fed Decision July 2022: Will It Be a 100 Basis Point Hike?
The Federal Reserve meeting will be held next week on July 26–27. What decision will the Fed make and could it be a 100 basis point rate hike?
Why One Expert Thinks Millennials Are To Blame for the Record Inflation
Inflation is continuing, creating more economic anxiety. One expert says Millennials are to blame for the sky-high inflation.
Lis Smith Isn’t Married, But Did Date a Married Man in the Past
Political strategist Lis Smith isn't a married women, although she did date a married man in 2013. Here's the scoop on her dating history.
Few Republican Senators Likely to Support Same-Sex Marriage
Legislators are attempting to codify same-sex marriage and protect it from potential overturn. Which senators support same-sex marriage?
What a Climate Emergency Declaration would mean for the U.S.
Joe Biden is considering making a national climate emergency declaration. What would it mean for the U.S.?
Key Democrats and "Squad" Members Arrested During Abortion Protest
A group of Democrat leaders known as "The Squad" were arrested during a peaceful protest regarding abortion rights. What happens to them now?
Who Will Be Donald Trump's Running Mate in 2024?
We know Mike Pence is probably out of the running, so who will Donald Trump select as his running mate in 2024? Here are some strong contenders.
Steve Bannon’s Trial Begins: Will He Serve Jail Time?
Steve Bannon, former Trump strategist, is going to trial for failure to comply with the Jan. 6 Committee subpoenas last year.
U.S. Three-Year Inflation Expectations Temper Somewhat — Is a Relief Ahead?
As inflation in the U.S. remains high, investors are looking toward inflation expectations. What are the U.S. three-year inflation expectations?