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Fed Chair Kevin Warsh (Reuters)

Fed Hikes Key Interest Rate for First Time Since 2023

Latest Newsletters

  • Senate Dems Demand Hegseth Detail Iran War Cost
  • House Heads Home Early for Seven-Week Recess
  • Americans’ Income Hit a Record High in 2025
  • Corporate Tax Payments Plunge 25% Even as Profits Boom
  • Stubbornly Hot Inflation Raises Pressure on the Fed
  • Trump’s Wild Promise of $5,000 Payouts Would Be Wildly Expensive
Speaker Mike Johnson (Andrew Thomas/CNP/INSTARimages)
House to Leave Early for Seven-Week Recess Until After Elections
An EA-18G Growler launches from the Nimitz-class aircraft carrier USS Carl Vinson (CVN 70) in this U.S. Navy picture taken in the Arabian Gulf October 28, 2014. REUTERS/U.S. Navy/Mass Communication Specialist 2nd Class John Philip Wagner Jr./Handout via R
Iran War Cost $38 Billion Through July: CBO
Americans’ Median Household Income Hit a Record High in 2025
Uncle Sam Enjoys the News and Views
The Latest News & Views
  • Uncle Sam Taxing article

    Corporate Tax Payments Plunge 25% Even as Profits Boom

    Corporate profits may be soaring to new highs, but corporate tax payments are plunging thanks in large part to the breaks Republicans included in...

  • Father and son walk in a caravan of migrants en route to U.S. in San Salvador

    States Sue to Block Trump Immigration Rule

    A coalition of cities and states sued the Trump administration on Monday to block an impending rule change that would make it easier to deny visas and...

  • 10-Year Yield Top 5% in Trading

    The yield on the 10-year Treasury note topped 5% in trading on Monday, briefly reaching 5.01%, the highest level since October 2023. The rate eased...

  • Social Security COLA for 2027 Now Projected to Be 3.5%-3.6%

    As inflation continues to run hotter than the Federal Reserve’s 2% annual target rate, Social Security beneficiaries are poised to see the highest...

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