At 72, Federal Reserve Chair Jerome Powell has grandkids to play with, a golf game to get back to and a tune or two to master on the guitar. He also faces a choice: Whether to devote the next years to his family and passions or to battling from inside the Fed...
Read more …
Taiwan Hails Its 'Best' Trade Deal With US, as China Protests
Taiwan's premier on Friday hailed a new trade deal with the United States as the "best tariff deal" enjoyed by countries with trade surpluses with Washington, as meanwhile a Chinese official in Beijing condemned the accord.
Read more …
Peter Thiel Donates $3M to Fight California Wealth Tax
Peter Thiel, PayPal co-founder and Palantir chairman, has emerged as the first major donor in what is expected to be a high-dollar campaign to block a proposed California wealth tax, The New York Times reports.
Read more …
US Import Prices Increase 0.4% From September to November
U.S. import prices increased 0.4% over the two months from September to November, the Labor Department's Bureau of Labor Statistics said Thursday.
Read more …
Homes Could Become Affordable in 20 Major Metros
Homes are on track to become affordable in 20 of the nation's 50 largest metropolitan areas by the end of 2026 - the most since 2022 - driven by slower price growth, falling mortgage rates and rising incomes, according to a new forecast from Zillow.
Read more …
Unemployment Claims Fall as Layoffs Remain Low
Fewer Americans applied for unemployment benefits last week as U.S. layoffs remain low despite growing concern about a weakening job market.
Read more …