Maine has officially joined the ranks of high-tax blue states as Democratic Gov. Janet Mills signed a controversial new millionaire tax into law, sparking immediate warnings that the move will punish local business owners and stifle investment. Effective Jan. 1, 2026, the new law bypasses traditional Republican opposition to implementing…

This story about the Federal Reserve’s April interest rate decision is developing and will be updated with further details. The Federal Reserve on Wednesday announced it will leave interest rates unchanged amid concerns about inflation rising further amid the war in Iran.Fed policymakers voted to leave the benchmark federal funds rate…

The AAA national average price for regular gas has soared to $4.229 as of Wednesday, the highest notched so far during the ongoing tensions between the U.S. and Iran. While that number is more than a dollar higher than the AAA national average of just $3.161 a year ago, it…

California lawmakers are calling for the state’s high-speed rail project to be scrapped after projected costs have ballooned by more than 700%. “I’ve been saying this for years now, but this is the most wasteful government project in probably world history,” state Sen. Tony Strickland, who is the vice chair…

A new proposal would allow Social Security beneficiaries to continue working without having their benefits diminished, which could make it easier for retirees to pay off their mortgages or more easily handle other expenses like property tax burdens. The Senior Citizens’ Freedom to Work Act was introduced in Congress earlier…

Kevin Warsh’s nomination to serve as the next Federal Reserve chair took a big step forward on Wednesday after a key committee voted to advance his nomination after a senator lifted his opposition. Members of the Senate Banking Committee voted 13-11 to send Warsh’s nomination to the full Senate for…

UFC will take the grandest stage of them all in less than two months when some of the best fighters in the world will go blow-for-blow on the White House South Lawn. But arguably the biggest summer the UFC has ever seen will kick off even earlier than that, as…

For the generation that should be in its “peak savings years,” the prospect of retiring on time has shifted from a plan to a prayer. A newly released Employee Financial Wellness Survey by PwC found that nearly 50% of Gen X employees are pushing back their retirement dates, citing stagnant…

The U.S. Treasury Department has frozen more than $344 million in cryptocurrency tied to Iran and is ramping up efforts to choke off the regime’s access to global revenue streams as part of an ongoing pressure campaign, officials said. The actions are part of Operation Economic Fury, a broader campaign…

The Walt Disney Company is reportedly backing away from plans to spin off ESPN, shelving years of speculation that a standalone sports network could help offset the company’s declining cable business.  The decision marks one of the first major calls under CEO Josh D’Amaro, who stepped into the role in…