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Economy
Treasury Warns Social Security Fund Will Run Out of Money by 2033
A new government report shows that the Social Security system's main trust fund will be depleted by 2033, one year sooner than a prior estimate, adding to concerns about the ...
April 1, 2023
BY
Tom Ozimek
US Electric Vehicle Tax Credits Get Tougher to Navigate
Claiming a tax credit for your electric vehicle may soon get more complicated. The Treasury Department and the ...
April 1, 2023
BY
Nathan Worcester
IRS Says Major Changes Are Coming to Electric Vehicle Tax Credits Next Month
The Internal Revenue Service (IRS) announced Friday that it would propose rules that would make it more difficult ...
March 31, 2023
BY
Jack Phillips
Barclays Warns of ‘Second Wave’ of Deposit Outflows as ‘Sleepy’ Depositors Awake and Run for Exits
After a month of uncertainty, Barclays warned that a "second wave" of deposit outflows is increasingly likely, a ...
March 31, 2023
BY
Bryan Jung
21 State AGs Warn 53 Banks Against Adopting the ESG Scoring Systems
A group of attorneys general (AG) representing 21 states have issued a letter to 53 of the largest ...
March 31, 2023
BY
Ryan Morgan
Elon Musk Sounds Alarm About US Dollar: ‘Serious Issue’
Telsa and Twitter owner Elon Musk this week sounded the alarm about the primacy of the U.S. dollar ...
March 31, 2023
BY
Jack Phillips
Plan for Chinese Electric Vehicle Battery Plant Sparks Opposition in Rural Michigan
The possible construction of a new lithium-ion battery factory in their backyard has presented the people of rural ...
March 31, 2023
BY
Steven Kovac
Yellen Warns Next Crisis Could Come From ‘Shadow Banks’ and Regulators Must Act
Treasury Secretary Janet Yellen on Thursday said banking rules may need to be tightened after the recent failures ...
March 31, 2023
BY
Tom Ozimek
Used-Car Prices Are Back Up Again This Month, After Easing for Nearly a Year
Used-car prices in the United States have gone back up again in March, after easing for months. The ...
March 30, 2023
BY
Bryan Jung
Experts Advocate Eventual End to Single-Use Plastics, but Composites May Be Safe
A Senate hearing on March 30 underscored the widespread concern about single-use plastics, as experts and lawmakers discussed ...
March 30, 2023
BY
Nathan Worcester
Roku to Cut 6 Percent of Workforce as Tech Layoffs Rise Over 60,000 So Far in 2023
Roku, the digital streaming device maker, announced another round of layoffs, as the number of job losses in ...
March 30, 2023
BY
Bryan Jung
Bank Turmoil Could Spread to Real Economy, Squeezing Credit Supply, Experts Warn
Although the immediate threat of broader financial contagion seems to have abated following confidence-building emergency measures taken in ...
March 30, 2023
BY
Tom Ozimek
House Passes Sweeping Energy Bill; Schumer Says ‘Dead-on-Arrival’ in Senate
The House of Representatives passes a bill, 225–204, on March 30 that seeks to lower energy costs for ...
March 30, 2023
BY
Jackson Richman
Sharp Spending Slowdown Lowers 4th-Quarter US GDP Ahead of Banking Crisis
The U.S. economy grew 2.6 percent in the fourth quarter, down from 3.2 percent in the third quarter, ...
March 30, 2023
BY
Andrew Moran
Republicans Reexamining Work Rules in Clinton-Era Assistance Program
Social workers told a subcommittee of the House Ways and Means Committee that work requirements in the Temporary ...
March 30, 2023
BY
Michael Clements
Financial Regulators Too Focused on ‘Climate Risks’ While Ignoring Silicon Valley Bank, Lawmakers Say
Financial regulators came under scrutiny over what congressional members see as misplaced priorities ahead of the collapse of ...
March 30, 2023
BY
Liam Cosgrove
Trump-Era Oil Trends Could Have Produced 850 Million More Barrels Under Biden: Expert
The United States is producing hundreds of millions fewer barrels of oil per day than it could have if ...
March 30, 2023
BY
Nathan Worcester
China Ditches US Dollars in New Brazil Agreement, Settles 1st LNG Trade in Yuan
China and Brazil signed an agreement on March 29 that would abandon the U.S. dollar and carry out trade ...
March 30, 2023
BY
Andrew Moran
House GOP: Pentagon ‘Wokeism’ Hurts Recruiting, Degrades Readiness
House Republicans insist the Biden administration’s emphasis on “woke” policies, such as diversity, equity, and inclusion (DEI) training, ...
March 30, 2023
BY
John Haughey
FTX’s Bankman-Fried Gets Arraigned on New Charge
Sam Bankman-Fried, the founder of the bankrupt FTX cryptocurrency exchange, is arraigned in Manhattan federal court at 10:00 ...
March 30, 2023
BY
Epoch Video
More Americans File for Jobless Claims; Layoffs Remain Low
U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the ...
March 30, 2023
BY
The Associated Press
Red State Residents Have Lighter Tax Burdens Compared to Americans in Blue States
Red states maintain their lead when it comes to lower tax burdens compared with blue states. Tax-filing day ...
March 30, 2023
BY
Bryan Jung
Electronic Arts to Lay Off 6 Percent of Workforce
California-based video game company Electronic Arts (EA) has announced that it will lay off approximately 6 percent of ...
March 30, 2023
BY
Caden Pearson
Fed Was in Talks With Silicon Valley Bank to Use Discount Window Before Collapse
Federal Reserve officials were reportedly in discussions with Silicon Valley Bank (SVB) to use its discount window, right ...
March 30, 2023
BY
Bryan Jung
Senate Votes to End COVID National Emergency, Sending Bill to Biden’s Desk
The Senate passed a resolution, 68-23, on March 29 to end the COVID-19 national emergency sooner than scheduled. ...
March 29, 2023
BY
Jackson Richman
AI Could Eliminate 300 Million Jobs, Warns Goldman Sachs
Artificial intelligence (AI) could lead to the elimination of 300 million full-time jobs, according to a new study. ...
March 29, 2023
BY
Bryan Jung
Oversight Groups Discover No Confirmed Fraud or Misuse of Ukraine Aid, Officials Testify
Oversight mechanisms for American aid to Ukraine are effectively preventing fraud and diversion, according to Congressional testimony from ...
March 29, 2023
BY
Andrew Thornebrooke
TOP NEWS
‘A Slow-Moving Genocide’: David Matas on Exposing China’s Forced Organ Harvesting on Falun Gong Followers
NEW
By
Terri Wu
and
Jan Jekielek
Treasury Warns Social Security Fund Will Run Out of Money by 2033
NEW
By
Tom Ozimek
New Omega-3 Oil Could Prevent Leading Cause of Blindness: Study
2hr
By
George Citroner
, Healthline
Pfizer COVID-19 Vaccine Trial Whistleblower Case Dismissed by Judge
2hr
By
Zachary Stieber
LIVE 4/1 at 1PM ET: Jeffrey Tucker: The Trump Indictment and the Anarcho-Tyranny Unleashed on America
3hr
By
Jan Jekielek
, Epoch TV
Key Things to Know About Trump’s Indictment
3hr
By
Tom Ozimek
18 Chinese Warplanes, 4 Vessels Detected Near Taiwan Amid Tsai’s Visit to US
3hr
By
Aldgra Fredly
US Congressman Diagnosed With Cancer
4hr
By
Zachary Stieber
Federal Judge Blocks Tennessee Law Banning Drag Shows With Minors Present
4hr
By
Zachary Stieber
Trump Raises Over $4 Million in 24 Hours Since Indictment
4hr
By
Tom Ozimek