Why Are Layoffs Happening? Blame the Pesky Economic Downturn
Why are layoffs happening? Learn more about the economic conditions leading companies to downsize — and see what warning signs to watch out for.
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.
A Recession Isn't the Only Market Concern, Inflation Could Make It Worse
The U.S. is currently grappling with a lot of pressures and a potential recession is the top concern. Do prices go down during a recession?
Has Inflation Peaked or Will It Get Worse in 2022?
Could U.S. inflation get worse or has it peaked finally now that the Fed has embarked on the most aggressive tightening since 1994?
Energy Secretary Jennifer Granholm’s Net Worth
U.S. Secretary of Energy Jennifer Granholm's multimillion-dollar net worth includes real estate and earnings from speaking, teaching, and board memberships.
Chances of a Housing Market Crash in 2022 as Powell Calls for a Reset
We’ve seen signs of a slowdown in the U.S. housing market. What’s the 2022 prediction for the U.S. housing market and is it headed for a crash?
Recessions Are Normal, but Are They Good for the Economy?
Recessions are normal in any economy, including the U.S. Are recessions always bad for the economy or can they be good at times? Let's discuss.
How the Fed’s Interest Rate Increase Should Help the Economy
The Fed raised interest rates by 75 basis points at its June 2022 meeting. Why does the Fed raise interest rates?
Fed Meeting Results in Historical Interest Rate Increase
The Fed has a dual mandate of maximizing employment while maintaining stable prices. What happens when the Fed raises interest rates?
How a Recession Could Really Affect the Stock Market
Each recession is different, but here’s how an upcoming recession could impact the stock market. Let's take a look at past scenarios and the current landscape.
Has Inflation Peaked Already or Will It Get Worse in 2022?
Recently, inflation has been at very elevated levels and near a four-decade high. Has inflation peaked or will it get worse in 2022?
Interest Rates Would Go a Lot Higher as Fed Covers Its Historic Mistake
Fed Chair Jerome Powell has announced a 75 basis point rate hike, the biggest since 1994. How high will interest rates go in 2022?
Nancy Pelosi’s Husband Buys Stock Options in Apple and Microsoft
Nancy Pelosi’s investments—and those of her husband, Paul—are a matter of public record. Paul has bought call options for Apple and Microsoft.
What Happened to Illinois Rep. Sean Casten's Daughter?
Illinois Congressman Sean Casten and his family are mourning the death of his 17-year-old daughter, Gwen, who died Monday at the family’s home in Downers Grove.
Bipartisan Gun Bill Seeks to Curb the "Boyfriend Loophole"
The bipartisan gun bill seeks to curb the “boyfriend loophole.” What is the “boyfriend loophole” and how does the bill seek to address it?
Sarah Palin Leads in Alaska Primary, Hasn't Won Yet
Sarah Palin, the former governor of Alaska, holds a strong lead in the special primary election to fill a U.S. House seat. She hasn't won the primary yet.
Government Offices and Some Businesses Will Be Closed June 20 for Juneteenth
Since June 19 falls on a weekend this year, Juneteenth will be recognized on Monday, June 20. What businesses are closed for Juneteenth?
U.S. Inflation Shows No Signs of Slowing, No Quick Fix
The U.S. inflation hit another high of 8.6 percent for May. Why does inflation keep going up? Many people want to know if it will reverse soon.
FOX News Misses Out On Ratings For Refusing To Air Jan. 6 Hearings
Ratings for the Jan. 6 hearings could rival those of Depp v. Heard. Millions of Americans were able to tune into the hearing, unless they're FOX News watchers.
Economic Crash Looks Likely — How to Prepare for a Recession
There's a lot of chatter about the economy crashing due to pressure from inflation, rate hikes, and war. When will the economy crash? Here's how to prepare.
Rep. Lauren Boebert Is Being Investigated for Fraud — All the Details
Rep. Lauren Boebert is being investigated for fraud in regards to ill-gotten campaign funds that she allegedly used to bail out her struggling restaurant.
Ryan Kelley Arrested Over Jan. 6 Riot — Will He Drop Out of the Governor Race?
Michigan GOP gubernatorial candidate Ryan Kelley was arrested on June 9 due to his role in the Jan. 6 Capitol riot. Find out if he'll have to drop out of the race.
Republicans and Democrats Voted Against the Protect Our Kids Act — Find Out Who
The Protecting Our Kids Act passed the House and now it will face the Senate. Who voted against the act in the House of Representatives?
Breaking Down Madison Cawthorn's "Personal Investments"
Former congressman Madison Cawthorn earned money as a member of Congress and from “personal investments.” He's also said to be heavily involved in cryptocurrency.
Shrinkflation: What It Means and Why It’s Happening
Inflation is all over the news, but what about shrinkflation? Here’s what the term means and why it’s creeping all around you. It's gaining momentum worldwide.
Kristi Noem — South Dakota's First Female Governor Prepares for Reelection Campaign
South Dakota's first female governor, Kristi Noem, stood against COVID-19 pandemic restrictions. Now, she's preparing for her reelection campaign. What's her net worth?
Michigan Senator Debbie Stabenow Has One of the Lowest Net Worths in Congress
Michigan Senator Debbie Stabenow’s net worth of less than $1 million hardly puts her in the category of the wealthiest lawmakers in Congress.
How Much Does a Trump Endorsement Mean? Here's His Record So Far in 2022
Trump endorsements are highly sought by conservative candidates, but what does the record reflect? Does a Trump endorsement help, harm, or have no effect on a race?
Bipartisan Tech Competition Legislation: S2992 Bill, Explained
Senate bill S2992, or the American Innovation and Choice Online Act, aims to improve online competitiveness and weaken monopolies of large tech platforms.
Next Fed Rate Hike to Come Soon — Here’s How Much to Expect
The Federal Reserve is expected to approve two more rate hikes this summer and possibly into the fall as well. Here's what to expect.
What Are L.A. Mayoral Candidate Rick Caruso’s Political Views?
A frontrunner in the race for L.A. mayor, Rick Caruso is a former Republican who recently changed parties. Here are some of his key views.
'Conflicted Congress': Nancy Pelosi’s Husband Adds More Big Tech Companies
Nancy Pelosi's portfolio gets a lot of attention given some of the profitable trades. Here's the latest update on Pelosi's portfolio.
Sarah Palin Has an Impressive Net Worth and Salary
Sarah Palin's political career has given her quite the financial cushion over the years. What's her net worth?
When Will the January 6 Hearing Be Televised? All the Details
This week, Americans will have a chance to see exclusive footage related to the January 6 investigations. They will also focus on Donald Trump's involvement.
How to Spot the Riskiest and Safest Investments During a Recession
There has been a lot of chatter about an upcoming recession. What are the riskiest and safest investments during a recession? Here are all the details.
What You Should Know About Bump Stocks in Florida
Bump stocks came under scrutiny following the Las Vegas massacre.
Municipal Bonds, Explained: What to Know As Muni Bonds Popularize Again
Municipal bonds, also referred to as muni bonds, are rising in popularity again. Here’s what you need to know about municipal bonds before investing.
The Worker Shortage Could Worsen This Summer
The labor shortage is worsening as the summer season approaches. Why is there a worker shortage, and how could things get better?
Herschel Walker Is Ahead in Georgia Race, Voters Look Past Mental Health Issues
Herschel Walker is considered to be a frontrunner for Georgia's U.S. Senate race. But politicians have criticized him for his mental health battles. His past isn't swaying voters.
U.S. Faces Multi-Decade High Inflation — Can It Be Reversed?
The U.S. inflation is running at a multi-decade high. Many people want to know if inflation can be reversed. Here's what you can expect.
Here Are the Most Overvalued Housing Markets in the U.S. in 2022
The housing market has inflated steadily since the start of the COVID-19 pandemic. What U.S. areas have the most overvalued housing markets?
Joe Biden's Three-Point Inflation Plan, Explained
Joe Biden has announced plans for numerous things, and now he's adding inflation to the list. What's his big three-point plan for inflation?
Can Joe Biden End the Filibuster? No. But Here's What He Can Do
Are there any executive actions Joe Biden could take to end the filibuster? While he would prefer not to interfere with the Senate, here is what the president can do to end the legislative gridlock.
Paul Pelosi: House Speaker's Husband Arrested for Alleged Drunk Driving
House Speaker Nancy Pelosi isn’t commenting on her husband Paul Pelosi’s arrest for allegedly drunk driving over the weekend. Here's what we know.
Biden Says There Is “No Rational Basis” for 9mm “High-Caliber” Weapons
After visiting with the victims of the mass shooting in Uvalde, Texas, President Biden shared with the media that there is "no rational basis" for 9mm guns.
PCE Inflation Shows Slowdown — What Does That Mean and How Does It Impact You?
Inflation is hitting personal consumption expenditures (PCE). Here are the details about PCE inflation and how it impacts you.
What Happened to Roland Gutierrez's Eye? Texas Senator Has Black Eye in TV Interviews
When Texas State Senator Roland Gutierrez showed up in TV interviews with a black eye, viewers started wondering what happened to his eye.
Inside Maria Bartiromo’s High-Stakes Smartmatic Defamation Lawsuit
Maria Bartiromo’s defamation lawsuit from Smartmatic carries a high risk. She's a defendant in the lawsuit. Is she expected the win?
Drew Carey’s Political Party Might Surprise You — Here's Why
Drew Carey has attracted a large fan base over his long career as a comedian and show host. What's his political party? The answer might surprise you.
Texas Governor Greg Abbott Has a Very Relaxed Approach to Gun Laws
Governor Greg Abbott has a history of relaxed gun laws in Texas. What gun laws has he passed since he took office in 2015? Here's what we know.
Will Beto O'Rourke Lose or Gain Votes After Confronting Greg Abbott?
Beto O'Rourke's poll numbers have been falling against Governor Greg Abbott. Will his confrontation over the Uvalde school shooting help or harm him?