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Powell says he wants to 'turn this job over' with economy in 'really good shape' before departure
Federal Reserve chair Jerome Powell wants to leave office with inflation at 2% and strong job market when his term ends in May 2026, avoiding legacy talk.
Bessent expects taxpayers will see 'very large' tax refunds early next year
Treasury Secretary Scott Bessent said American households could receive substantial $1,000-$2,000 tax refunds in early 2026 under OBBBA tax law changes.
National Debt Tracker: American taxpayers (you) are now on the hook for $38,349,795,034,550.24 as of 12/12/25
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.
Powell says rate cuts won't make 'much of a difference' for struggling housing sector
Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.
‘This place will win’: Business leaders say West Palm Beach is becoming America’s next big boomtown
West Palm Beach has evolved from its retirement haven days, as tech firms, financial giants and entrepreneurs flock to one of the country's most sought-after business destinations.
Mortgage rates tick higher but remain near 2025 lows
The average rate on a 30-year fixed mortgage rose this week to 6.22%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.19%.
Disney announces major OpenAI deal, includes $1B equity investment, use of characters on Sora video platform
Disney licensed 200 iconic characters from Marvel, Pixar and Star Wars to OpenAI for its Sora video program in a groundbreaking three-year partnership.
Fed delivers third straight rate cut but 'dot plot' projects just one cut in 2026
Federal Reserve policymakers cut interest rates by 25 basis points for the third straight meeting, though their "dot plot" projections suggest only one interest rate cut expected in 2026.
Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target.
GoFundMe increasingly being used to fundraise for basic economic needs like food, housing
Essential expense fundraising surged 20% on GoFundMe as "monthly bills" became the second-fastest growing fundraising category behind "charity" campaigns.
