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Yahoo FinanceSome Americans live in a parallel economy where everything is terrible
Many Americans mistakenly think the economy is shrinking and the stock market is tanking. What gives?
- Yahoo Finance
Fed study offers new clues that help explain America’s gloomy mood
Many Americans say they were better off, financially, during the COVID years, when stimulus funds were flooding the economy.
- Yahoo Finance
The coming Social Security fight could be 1983 all over again
To figure out how Social Security's insolvency debate may play out in the years ahead, it helps to consider what transpired in 1983.
- Yahoo Finance
Biden's coming new tariffs on China reflect 'lessons learned'
A sweeping White House move on China tariffs that is expected to be unveiled early next week "reflects lessons learned," according to a former official who was involved in the process.
- Yahoo Finance
Biden is sending $61 billion to Ukraine. Much of it will pass through the US economy first.
Washington is spending another $61 billion to help Ukraine. But most of the money will flow through the US economy first.
- Yahoo Finance
Why Americans are feeling bad about inflation despite a good economy
How do Americans feel about inflation? They hate it. And that colors their perception of a good US economy.
- Yahoo News
Iranian president, 7 others, have died in a helicopter crash: Here's what we know — and what we don't
Iran's president has died in a helicopter crash. Here's what we know so far — and what we don't.
- Yahoo Finance
Fed's Williams and Barkin soothed worries about any rate hikes in 2024
New York Fed president John Williams and Richmond Fed president Thomas Barkin offered comments Monday that soothed any concerns the Fed might be considering a rate hike.
- Yahoo Finance
New EV tax credit rules mean cars with Chinese materials won't qualify — but there's a catch
New rules from the Treasury Department will make it harder for vehicles to qualify for the federal EV tax credit, though the automakers were also granted a reprieve.
- Yahoo Finance
Some Fed officials willing to raise rates if needed: Meeting minutes
Fed officials said at their last policy meeting that rates would likely stay higher for longer if inflation readings continued to disappoint, while some policymakers discussed their willingness to raise rates if needed.
- Yahoo News
Here are all of the Republicans who have shown up in court to support Trump at his hush money trial
GOP lawmakers have been showing up at the Manhattan Criminal Courthouse in waves to give the former president a public show of support, help him circumvent the gag order — and audition for a role in a possible second-term Cabinet.
- Yahoo News
Trump trial updates: Michael Cohen's testimony wraps, prosecution rests and defense witness and judge have a tense exchange
Judge Juan Merchan told attorneys this morning that closing arguments in the hush money trial will begin Tuesday, May 28, the day after Memorial Day.
- Yahoo Finance
New inflation reading reinforces Fed's higher-for-longer stance
Another hot inflation reading released Friday reinforces that any near-term interest rate cuts are less likely, as the Federal Reserve shifts to a higher-for-longer stance.
- Yahoo News
Pro-Palestinian protests spread as hundreds arrested at Emory University, Emerson College and elsewhere across the U.S. Here's what's happening.
Pro-Palestinian protests and encampments are springing up at numerous colleges, leading to arrests and heightened security concerns. Here’s what's happening.
- Yahoo News
Biden and Trump agree to presidential debates in June, September — but with some big changes
Here’s what will be different this time — and why it matters.
- Yahoo News
Kristi Noem says she shot and killed her dog. What to know about the South Dakota governor's recent controversy.
The controversial politician revealed in her new book that she killed her dog.
- Yahoo News
Trump trial full coverage: Defense tries to paint Stormy Daniels's lawyer as a serial extortionist in hush money case
It's the 10th day of the hush money trial.
- TechCrunch
FCC officially votes to reinstate net neutrality
The Federal Communications Commission made its official vote Thursday to reinstate net neutrality, which bars broadband providers from slowing or even blocking internet traffic to some sites while improving access to others that pay extra fees. With some changes and protections, passing the order titled Safeguarding and Securing the Open Internet restores rules passed back during the Obama administration in 2015 and rolled back in 2017, after Donald Trump was elected president. Since the FCC announced in September that it would be pursuing this as a policy goal, it was more or less a fait accompli; there was no real reason why the Commission, split 3-2 in favor of the Democrats, would vote against it.
- Yahoo Finance
Wage increases reveal another 'sticky' problem for the Fed
Tuesday's bigger-than-expected increase in wage data for the first quarter is the latest in a string of economic data that has Wall Street cautious about the Fed's next move.
- Yahoo News
Biden acknowledges ‘heartbreak’ over Israel-Hamas war in speech to Morehouse grads
President Biden spoke about the Israel-Hamas war during his commencement address at Morehouse College on Sunday.