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Economy

Shutdown Showdown: Scott Jennings Rebukes David Hogg’s GOP Blame Game

Conservative political commentator Scott Jennings confronted Democratic activist David Hogg during a CNN NewsNight panel.

GOP Pushes Long-Term Funding Plan as Government Shutdown Drags On

Senate Republicans plan a long-term funding bill as the government shutdown drags on, shifting from targeted measures.

Fed Governor Cook Breaks Silence on Trump Firing, Vows to Continue Duties

Fed Governor Lisa Cook breaks her silence after President Trump’s attempt to fire her, says she will continue her duties.

California Billionaires Face One-Time 5% Wealth Tax

California is considering a one-time 5% wealth tax on billionaires through the “2026 Billionaire Tax Act,” aimed at filling gaps in Medicaid.

Surge in Law & Business School Applications Signals Shift for Gen Z Amid Hiring Freeze

Applications to U.S. law schools have surged by about 33 % and business‑school interest is rising as Gen Z faces hiring freezes.

Federal Reserve Slashes Rates

The Federal Reserve cut interest rates for the second time this year, lowering the rate by a quarter point.

Bank of America CEO Warns Middle Class ‘Pinch’ Amid Mounting Economic Risks

Bank of America CEO Brian Moynihan warns the middle class is feeling a “pinch” as income growth slows and inflation remains high.

Senator Fetterman Breaks with Democrats, Sides with Republicans to End Shutdown

Senator John Fetterman breaks with Democrats to vote with Republicans on a government funding bill, saying it's time to “put America first.”

Treasury Secretary Slams Warren Over $20B Argentina Deal—Invokes Perón

Treasury Secretary Scott Bessent defended the Donald Trump administration’s decision to offer a $20 billion currency‑swap line to Argentina.

Goldman Sachs Job Cuts Begin, Blame AI Revolution

Goldman Sachs has notified employees to prepare for another round of job cuts as the bank pushes to tighten costs and integrate artificial intelligence into its operations.

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