The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in the labor market. The Labor Department on Tuesday reported that…
Key takeaways Your required minimum distribution (RMD) amount changes each year based on the IRS’s life expectancy calculation for your age. You calculate your RMD by dividing your year-end account value by the estimated remaining…
Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last week for the third straight time, with a fresh jobs report due out on Tuesday. Powell spoke at a press conference after Federal Reserve policymakers voted to lower the benchmark federal…
For years, Americans have heard this mantra: There isn’t enough housing in the United States. The ongoing shortage explains why affordability is such a challenge, and why so many Americans are spending their 30s as renters rather than homeowners. The reality has grown a bit more complicated. As the housing…
Energy Secretary Chris Wright on Sunday said the Trump administration’s energy policies will lower electricity prices over the course of the president’s term as part of the White House’s efforts to address Americans’ affordability concerns. Wright appeared on “Fox News Sunday with Shannon Bream” and told guest host Jacqui Heinrich that…
This past Thanksgiving weekend saw a record-breaking 203 million shoppers, surpassing the 197 million in 2024, according to the National Retail Federation’s Annual Consumer Survey. Americans are gearing up to do more holiday shopping ahead of the holidays. In a world where consumerism often overshadows sentiment, consumers are looking for…
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The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers voted to lower the benchmark…
