Trump announces creation of critical mineral reserve
We are learning more as President Donald Trump began the week by announcing the creation of a critical mineral reserve. "Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage," Trump said during an event at the White House. According to early reports, the Trump administration’s initiative will include $2 billion from the private sector. Secretary of the Interior Doug Burgum and the Secretary of the Treasury Scott Bessent spoke alongside Trump inside the Oval Office.
We are learning more as President Donald Trump began the week by announcing the creation of a critical mineral reserve. "Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage," Trump said during an event at the White House. According to early reports, the Trump administration’s initiative will include $2 billion from the private sector. Secretary of the Interior Doug Burgum and the Secretary of the Treasury Scott Bessent spoke alongside Trump inside the Oval Office.
Tariffs may have cost US economy thousands of jobs monthly, Fed analysis reveals
A new Federal Reserve analysis found that tariffs may have slowed job growth in the U.S. economy in 2025.
A new Federal Reserve analysis found that tariffs may have slowed job growth in the U.S. economy in 2025.
What Trump’s next pick to lead the Federal Reserve means for your wallet
The Fed’s decision about rate cuts will shape the economy’s trajectory and how affordable life feels for millions of Americans in the new year.
The Fed’s decision about rate cuts will shape the economy’s trajectory and how affordable life feels for millions of Americans in the new year.
Troop deployments to US cities cost Americans nearly half a billion dollars in 2025, CBO report finds
A new Congressional Budget Office report breaks down the taxpayer bill for the Trump administration’s six-city deployment and forecasts a steep rise if these deployments continue in 2026.
A new Congressional Budget Office report breaks down the taxpayer bill for the Trump administration’s six-city deployment and forecasts a steep rise if these deployments continue in 2026.
Every state's median household income has increased since 1970 – except one
Is your state better off than it was 50 years ago? U.S. incomes are up since 1970, but not everywhere. A new report shows which states gained the most.
Is your state better off than it was 50 years ago? U.S. incomes are up since 1970, but not everywhere. A new report shows which states gained the most.
Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near.
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near.
Dow to cut over 4,000 jobs as company shifts focus to AI
Dow is slashing thousands of jobs, becoming the latest company this week to announce a reduction in its labor force.
Dow is slashing thousands of jobs, becoming the latest company this week to announce a reduction in its labor force.
Fed Reserve’s rate cuts pause comes amid uncertainty
We learned today that the Federal Reserve has made its first interest rate decision for 2026, after three cuts last year. The short-term interest rate is unchanged at about 3.6% for the time being. This largely signals that the rate-setting committee remains split between those opposed to further cuts until inflation drops below the 2% target, and those who want to lower rates to further support hiring. LiveNOW’s Andy Mac has the latest on what this means for consumers with Fox Business Network National Correspondent, Darren Botelho, and Greg Robb, a senior reporter for MarketWatch in Washington.
We learned today that the Federal Reserve has made its first interest rate decision for 2026, after three cuts last year. The short-term interest rate is unchanged at about 3.6% for the time being. This largely signals that the rate-setting committee remains split between those opposed to further cuts until inflation drops below the 2% target, and those who want to lower rates to further support hiring. LiveNOW’s Andy Mac has the latest on what this means for consumers with Fox Business Network National Correspondent, Darren Botelho, and Greg Robb, a senior reporter for MarketWatch in Washington.
Federal Reserve keeps rate unchanged in 1st meeting of 2026
The Federal Reserve kept interest rates unchanged even as it's facing mounting pressure from President Trump to be lowered. Here's a look at what's ahead for the central bank in 2026.
The Federal Reserve kept interest rates unchanged even as it's facing mounting pressure from President Trump to be lowered. Here's a look at what's ahead for the central bank in 2026.
Yale to offer free tuition to families making less than $200K a year
Yale announced it will offer free tuition to families making less than $200,000 and waive all expenses for those making under $100,000.
Yale announced it will offer free tuition to families making less than $200,000 and waive all expenses for those making under $100,000.
Trump shares new details on 'Trump Accounts' savings program
President Donald Trump on Wednesday unveiled details of proposed “Trump Accounts," a government-backed investment program for children.
President Donald Trump on Wednesday unveiled details of proposed “Trump Accounts," a government-backed investment program for children.
Social Security February payment schedule: Here's when recipients get their checks
Social Security February payment dates are set for millions of Americans. Here’s when recipients can expect to receive their checks this month.
Social Security February payment dates are set for millions of Americans. Here’s when recipients can expect to receive their checks this month.
Amazon cuts 16,000 jobs across company in latest round of layoffs
Amazon's latest round of job cuts follow last year's layoffs of thousands of employees. Here's what you need to know.
Amazon's latest round of job cuts follow last year's layoffs of thousands of employees. Here's what you need to know.
Cost of living is rising the most in these US cities
According to new data, the cost of living is rising in cities across the United States. Here’s where it’s the worst.
According to new data, the cost of living is rising in cities across the United States. Here’s where it’s the worst.
Amazon to close physical 'Go' and 'Fresh' grocery stores, expand Whole Foods Market
Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.
Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.
2026 tax filing season now open: How to get your refund ASAP
The IRS advised setting up direct deposit and filing taxes online would ensure the fastest tax returns.
The IRS advised setting up direct deposit and filing taxes online would ensure the fastest tax returns.
Carney pushes back on Trump's 100% tariff threat over China trade deals with Canada amid tensions
Canadian Prime Minister Mark Carney is pushing back against President Donald Trump's tariff threat, firmly denying plans for a China free trade deal after a recent diplomatic visit.
Canadian Prime Minister Mark Carney is pushing back against President Donald Trump's tariff threat, firmly denying plans for a China free trade deal after a recent diplomatic visit.
Trump administration must keep funding child care subsidies in these 5 states, judge rules
A federal judge temporarily blocked the Trump administration from cutting child care and social service funds to five states amid a legal challenge.
A federal judge temporarily blocked the Trump administration from cutting child care and social service funds to five states amid a legal challenge.
Households with 2 kids need to earn over 400K to comfortably afford child care in US
Raising two kids takes a six-figure salary to comfortably afford child care for two children, new data shows.
Raising two kids takes a six-figure salary to comfortably afford child care for two children, new data shows.
Amazon to cut thousands of jobs in sweeping corporate layoffs
Amazon is preparing to lay off thousands of employees in a broad corporate workforce reduction that could begin as early as next week.
Amazon is preparing to lay off thousands of employees in a broad corporate workforce reduction that could begin as early as next week.