Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. “I call it a ring around the country. We have a ring around the country,” Trump said in a Time magazine interview
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a former employee alleged widespread and yearslong compliance lapses at the company’s two main units, Square and Cash App, two
Trump Media shares rise again, jump 50% in the past week
Trump Media shares climbed nearly 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past week. DJT closed the trading day at roughly $50 a share, about 30% below its opening price of $70.90 in late
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in February jumped 6.4% year over year, another increase after the prior month’s annual gain of 6%, according to
Dave & Buster’s to let players bet against each other on arcade games
Arcade giant Dave & Buster’s is set to allow adults 18 and older to place real-time bets with friends on arcade games. The Dave & Buster’s app will begin to incorporate an option to bet against other players, the company said
A viral theory on TikTok says nice people don’t get promoted. But experts disagree.
Is being nice holding you back at work? One viral TikTok has young workers up in arms about the perils of being pleasant in the workplace. A TikToker who goes by the name Jacqueline recently posted a TikTok video where she claimed that people
Fed chair Jerome Powell: No sign of stagflation in U.S. economy
Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high and some signs of slowing growth have started to emerge. In remarks after the release of the Fed’s decision
RFK Jr. embraces California ballot nomination from party with history of far-right ties
Independent presidential candidate Robert F. Kennedy Jr. said this week that he has qualified to be on the ballot in California and will accept the nomination of the American Independent Party, which has a history of associating itself with far-right
Biden, Democrats push hard to put North Carolina in play
President Biden will visit North Carolina on Thursday at a time when his campaign is investing heavily in the state and building a robust electoral operation there far earlier than it did in 2020, a reflection of Democrats’ belief that
One thing is already clear at Trump’s N.Y. trial: Nobody liked Michael Cohen
NEW YORK — In the first weeks of testimony at Donald Trump’s hush money trial, witnesses have offered extensive evidence against the former president, describing in detail his efforts during the 2016 election to silence women who claimed to have