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Federal Reserve leaves interest rates unchanged as Powell's chairmanship nears end20:30 Federal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell s term as central bank chairman draws to a close. Gas prices soar to highest point so far during unsettled conflict with Iran19:26 The AAA national average price for regular gas has risen to a whopping $4.229, the highest point so far amid the still unresolved war between the U.S. and Iran. Maine joins blue-state millionaire tax club as critics warn the new surcharge punishes local economy19:26 Maine joins other high-tax blue states as Gov. Janet Mills signs a new millionaire tax surcharge, drawing warnings it will stifle investment and hurt businesses. California high-speed rail project soars to $231B: 'Worst public infrastructure failure in US history'18:54 California lawmakers demand the state s high-speed rail project be abandoned after projected costs surge by more than 700% past original estimates. Kevin Warsh moves one step closer to becoming next Fed chair16:47 Kevin Warsh moves closer to replacing Jerome Powell as Fed chair after the Senate Banking Committee voted to advance his nomination to the full Senate. UFC, Bud Light team up to make already highly anticipated summer of fights that much better: 'A fan delight'16:15 UFC unveiled its Bud Light Summer Series, beginning in Newark and expanding nationwide, setting the stage for one of the promotion’s biggest summers ever. Work more, lose less? New bill aims to end Social Security penalty16:15 A proposed bill from Sen. Rick Scott and Rep. Greg Murphy would let Social Security beneficiaries work without having their benefits reduced. Purdue Pharma sentenced to $5.5B in opioid criminal case15:11 Purdue Pharma, the OxyContin manufacturer, was sentenced in federal court and ordered to pay $5.5 billion for its role in fueling the opioid epidemic. What a UAE exit from OPEC means and why it matters15:11 The UAE announced it is quitting OPEC after 59 years, a move experts say could boost oil production and ultimately lower global energy prices. Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings12:30 Nearly 50% of Gen X employees are pushing back their retirement dates due to rising costs and stagnant wages, according to a new PwC financial wellness survey. Disney reportedly shelves ESPN spinoff talks in major call under new CEO4:28 The Walt Disney Company is addressing growing ESPN spinoff speculation as CEO Josh D’Amaro makes one of his first major moves leading the media giant. Treasury freezes $344M in crypto as 'Operation Economic Fury' pushes Iran to industrial breaking point3:56 The Treasury froze $344M in Iran-linked crypto, escalating pressure as officials warn Tehran could lose $170M daily with oil exports nearing disruption. LARRY KUDLOW: Unconditional Dictation0:12 We’re headed for additional military combat along with the economic embargo to finish the job and end the war in Iran Californians who move away are typically saving hundreds a month on housing costs23:09 Californians who leave the state save an average of $672 per month on housing and are 48% more likely to become homeowners, a UC Berkeley study found. Ghirardelli recalls drink mixes over potential salmonella contamination23:09 Ghirardelli Chocolate Co. is voluntarily recalling 13 powdered beverage mixes over potential salmonella contamination linked to a California Dairies Inc. milk powder recall. |
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