President Donald Trump on Tuesday announced that he will replace a 20% fee on commercial shipping moving through the Strait of Hormuz with “Trade and Investment Deals” that Gulf nations will be making in the United States. Trump said the move came as the movement of oil and natural gas…

Best Buy issued a recall on two models of Insignia gas range stoves after a report that the stoves can be activated by accidental contact with knobs, according to the U.S. Consumer Product Safety Commission.  The Chinese-manufactured Insignia Front Control Gas Ranges received the recall on Thursday. The recall affected…

One of America’s most popular fast-food chains is under scrutiny as federal and state health officials investigate whether Taco Bell locations may be connected to a rapidly growing cyclosporiasis outbreak. Federal and state health agencies are investigating whether Taco Bell locations may have contributed to a widespread outbreak of cyclosporiasis,…

Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have “no tolerance for persistently elevated inflation” in his first testimony as Fed chief. Warsh said in his prepared testimony for the House Financial Services Committee that concerns about inflation influenced the Fed’s decision to hold the…

Shares of IBM were down more than 23% when the market opened on Tuesday, raising fresh questions about whether companies are seeing enough near-term returns from artificial intelligence spending. It is shaping up to be the worst day for IBM in decades, as its second-quarter earnings results showed profit and…

This story about the June 2026 CPI inflation report will be updated with further details. Inflation pulled back in June after surging in prior months due to the Iran war’s impact on energy prices throughout the economy.The Bureau of Labor Statistics (BLS) said on Tuesday that the consumer price index (CPI)…

As anxiety mounts over the projected 2032 depletion of the Social Security Old-Age and Survivors Insurance (OASI) Trust Fund, a viral online trend is urging Americans to claim their retirement benefits as early as age 62. But personal finance expert and Ramsey Solutions personality George Kamel is pushing back on…

Senator Lindsey Graham was a great American patriot. He was a freedom fighter. He was a throwback to an older Republican party that shunned isolationism and understood that America must never retreat from its friends, its allies, or the cause of freedom. He was a great friend of Israel at…

The Trump administration on Monday released guidance from several financial regulators reminding banks and credit unions about the credit risks posed by lending to borrowers who aren’t authorized to work in the U.S. The guidance said that borrowers who aren’t legally eligible to work in the U.S. pose an elevated…

Homebuyers searching for a bargain have made a Pennsylvania port city one of the hottest housing markets in the country. Erie, Pennsylvania, is situated on Lake Erie and is the home of Pennsylvania’s only Great Lakes port and the community’s affordability and quality of life have helped vault it up…