Latest headlines from around the world.
Fraud reform must target criminals, not cut off disability care
The Trump administration is making rooting out fraud in social safety net programs a top priority, but it is essential to ensure that people with disabilities are not harmed in the process and that...
Stock market jumps after Israel-Lebanon ceasefire, Hormuz opening
The stock market saw a boost after the opening bell Friday morning, after a 10-day ceasefire between Israel and Lebanon took effect and Iran declared the Strait of Hormuz “completely open.” The S&P...
More Americans are buying groceries using buy now, pay later: Survey
Nearly a third of buy now, pay later users have used the loans for groceries — double the share from two years ago.
Democrats’ fundraising dominates key midterm races: What we learned from the latest campaign filings
First-quarter campaign fundraising reports released this week offer new insights on midterm dynamics with the fight for control of Congress in full swing. Democrats boasted massive hauls in high-st...
Bernie Sanders, labor leaders warn of AI risks for workers
Sen. Bernie Sanders (I-Vt.) and the leaders of several major labor unions warned Thursday about the risks AI poses to workers amid concerns about the technology’s ability to replace jobs. Sanders,...
Watch live: US trade rep testifies before House on White House budget after tariff blow
U.S. Trade Representative Jamieson Greer will testify before the House Appropriations Committee on Thursday morning to discuss President Trump’s fiscal 2027 budget request. Trump is seeking to boos...
Average 2026 tax refunds up, but well below Trump’s expectations
Tax refunds for 2026 may be higher, but they are falling well below President Trump’s expectations after his “One Big Beautiful Bill” was signed into law last year, ensuring new tax breaks for Amer...
Jury finds Live Nation, Ticketmaster holds an illegal monopoly
A Manhattan federal jury on Wednesday found Live Nation, the parent company of Ticketmaster, holds an illegal monopoly in the live entertainment industry and violated antitrust laws. The decision c...
What happens if you don’t file taxes on time?
Tax Day is here. Ran out of time? Here's what to do.
Trump says he thought oil prices would be ‘much worse’ amid Iran war
President Trump on Tuesday doubled down on the fact that he thought oil prices would be “much worse” than they are now amid the Iran war. “I mean, honestly, I thought there’d be much worse. And I w...
Trump threatens to fire Powell, defends Fed criminal probe
President Trump threatened to fire Federal Reserve Chair Jerome Powell from the central bank board if he does not step down at the end of his term leading the bank. In a Wednesday interview with Fo...
How to file a tax extension and avoid IRS penalties
Running out of time to file your taxes? Here's how to get an extension and avoid late-filing penalties.
Majority of America’s farmers say they can’t afford fertilizer in new survey
A new survey revealed that a majority of U.S. farmworkers say they cannot afford fertilizer due to rising costs caused by the U.S.-Israeli conflict in Iran. The survey released by the American Farm...
IMF warns of slowing economic growth, rising inflation amid Iran war
The International Monetary Fund (IMF) issued a dismal economic outlook for the month of April on Tuesday, citing concerns about rising inflation amid the war in Iran. Economists warned that even if...
Trump’s Federal Reserve pick discloses more than $130M in assets ahead of confirmation hearing
Kevin Warsh, President Trump’s pick to be the next Federal Reserve chair, has disclosed more than $130 million in assets ahead of his planned confirmation hearing next week but pledged to divest mu...
Most Americans opposed to Trump signature on money: Poll
Most Americans are against having President Trump’s signature on paper currency, a move the Treasury Department announced last month. In the The Economist/YouGov poll, 59 percent of respondents sai...
United CEO pitches merger to Trump that would create world’s largest airline: Report
United Airlines CEO Scott Kirby pitched a merger between his company and American Airlines during a Feb. 25 meeting with President Trump, Reuters reported on Monday. Kirby proposed the consolidatio...
Tariff refund system almost ready, Customs says
Customs and Border Protection (CBP) has completed “primary development” of its new system to automate refunds of the tariffs struck down by the Supreme Court, the agency said on Tuesday. CBP has be...
Energy secretary predicts energy prices may rise, hit peak in ‘next few weeks’
Energy Secretary Chris Wright said Monday that he expects gasoline prices to peak in the next few weeks. “We’re going to see energy prices high and maybe even rising until we get… meaningful ship t...
Bessent says order requiring banks to collect citizenship information ‘in process’
Treasury Secretary Scott Bessent said that a proposed executive order that would require banks to collect citizenship information is “in process” in an interview this week with Semafor. “And I don’...
Cough drops sold nationwide recalled: FDA
A China-based company is voluntarily recalling numerous cough drop products sold across the U.S., according to the Food and Drug Administration.
Delta doubles down on premium seats as airlines target big spenders
Half the seats on Delta's new long-haul planes will be dedicated to premium customers.
Roblox to roll out new age-based accounts, parental controls
"These accounts will more closely align content access, communication settings, and parental controls with a user’s age," Roblox said.
Paxton probes Lululemon on ‘forever chemicals’
Texas Attorney General Ken Paxton (R) is probing athletic wear company Lululemon on “forever chemicals” — which the company says are not in its products. Paxton on Monday announced that he was issu...
Iran taunts Trump, threatens Gulf ports over blockade threat
Iran is taunting the Trump administration over gas prices in the U.S. and threatening ports on the Persian Gulf after President Trump announced a blockade of the Strait of Hormuz on Sunday. Mohamma...
Oil prices surge above $100 as US Navy to blockade Iran’s ports after peace talks fail
Oil futures were at over $100 per barrel in the wake of President Trump’s announcement that the U.S. military would start blockading ships looking to enter the Strait of Hormuz. Prices of U.S. benc...
Trump says price of oil, gas ‘could be’ down, ‘the same or maybe a little bit higher’ by the midterms
President Trump said Sunday that the prices of oil and gas could drop, stay even or go “maybe a little higher” by this year’s midterm elections in comments that follow his announcement that the U.S...
‘Warflation’ will hit more than just gas prices
The war in Iran may be on pause, but its effects on prices are still in motion and will continue to ripple through the economy.
Who would benefit from Bernie Sanders’ wealth tax on billionaires?
The 5% annual wealth tax on billionaires expands upon proposed legislation in California, backed by a health care labor union.
Almost 6 in 10 still say taxes too high: Gallup
A new poll found that most Americans say they pay too much in taxes, a metric that has remained high for the fifth year in a row. Gallup’s poll released Friday shows that nearly 6 in 10 Americans,...
Palantir stock briefly jumps after Trump praise on Truth Social
Palantir’s stock briefly jumped Friday morning after President Trump praised the data analytics company for its “great war fighting capabilities.” “Palantir Technologies (PLTR) has proven to have g...
Bessent summons bank executives over Anthropic cyber risk
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell brought together a group of bank executives this week to discuss cybersecurity concerns in the wake of Anthropic’s new Mytho...
The US sees trade allies more like adversaries
The traditional “free trade agreement premium” has effectively disappeared.
