Last updated: 2026-01-12 18:01:27 ET
Economists say high home prices and a shortage of available properties may limit how much federal action can lower U.S. housing costs.
The Justice Department opened an investigation into Federal Reserve chair Jerome H. Powell, who said the case is a way to pressure the Fed to lower interest rates.
The bid comes from Quantum Computing Inc., which already lined up to buy Luminar's semiconductor division. Luminar founder Austin Russell has also expressed interest.
Tariffs and new tax laws have given foreign-based engineering firms incentive to establish a beachhead within the U.S. to lower costs, according to an...
Regional-bank stocks trade at lower valuations than those of the largest U.S. banks.
Seventy economists urge EU lawmakers to back a public digital euro, warning private stablecoins and foreign payment firms threaten Europe’s monetary...
Federal Reserve Board Chair Jerome H. Powell accused the Justice Department of using the investigation to pressure the central bank to lower interest rates.
The US president has called for interest rates on credit cards to be capped at 10% for one year.
Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."
Powell said the criminal probe is part of President Trump’s campaign to pressure the Fed to lower interest rates.
