Economy

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Fed’s favorite Inflation gauge showed price growth picked up in December

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it…

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Mortgage rates tick down | Fox Business

Mortgage rates fell slightly this week, remaining stubbornly high while would-be buyers and sellers continue…

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Powell pushes back on Musk’s claim Fed is ‘absurdly overstaffed’

Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central…

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Lay’s recall of classic chips in 2 states classified at highest risk level, FDA warns it could cause ‘death’

Frito-Lay has recalled its Lay's Classic Potato Chips in Oregon and Washington state due to…

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Buc-ee’s sues smaller gas station chain for copyright, arguing cartoon dog logo is too similar to its beaver

Buc-ee's filed a lawsuit against a smaller Texas-based gas station chain on allegations of copyright…

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Cargo theft soars to record in 2024

Cargo theft hit a record high in the U.S. and Canada for the second consecutive…

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Pfizer to pay nearly $60M over kickbacks for migraine drug once promoted by Lady Gaga

The pharmaceutical giant Pfizer will pay nearly $60 million to resolve charges that a company…

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Existing home sales fall to lowest level in nearly 30 years

Existing home sales in the U.S. in 2024 were the lowest in nearly 30 years,…

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Mortgage rates fall for first time in over a month

Mortgage rates finally broke a six-week streak of increases, but the decline will not provide…

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Jamie Dimon talks tariffs: ‘Get over it’

JPMorgan Chase CEO Jamie Dimon said in a new interview that a small increase in inflation…

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