Stocks are rallying despite the Iran war and stubborn inflation. Here's why.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
Kevin Warsh is now leading the Fed. His main challenge is a doozy.
Warsh is taking over as Fed chair as the U.S. faces the hottest inflation in years, impeding the interest rate cuts that President Trump has demanded.
Stocks mixed as investors shrug off renewed fighting in Iran
Oil prices were also mixed after U.S. strikes on Iranian forces, underscoring the risks still hanging over markets and consumers.
This factor may determine whether you get rich. You don't control it.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
Consumers are still spending, but cracks are starting to show
Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years.
These are retirees' 5 biggest financial fears
Retirees say inflation, health care costs and market volatility are threatening their financial security.
What sagging bond prices are telling us about the U.S. economy
U.S. government bonds are sagging as investors fret that hotter inflation will keep interest rate cuts on hold.
The 10 most affordable U.S. cities to buy a home
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Which college majors offer the best long-term return on investment?
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Social Security's cost-of-living adjustment could reach nearly 4% in 2027
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
EBay rejects GameStop's $55.5 billion takeover bid
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
Trump proposes gas tax holiday, but savings may be limited
Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.