On Wednesday, the market took a tumble with the Dow Jones losing over 1, 100 points. Surprisingly, this happened after the Federal Reserve announced plans to cut interest rates twice more in 2025. The S&P 500 and Russell 2000 also suffered significant losses, falling below important thresholds. Trea
A man suspected of killing the CEO of UnitedHealthcare on a Manhattan street is now dealing with federal charges too. This is on top of the state murder charges he already faces. The suspect, Luigi Mangione, is 26 years old. These federal charges come from the U. S. Attorney's Office for the Souther
As the new year approaches, federal employees are steeling themselves for a storm. President Donald Trump's new team, led by tech moguls Elon Musk and Vivek Ramaswamy, aims to slash government spending by $2 trillion. This includes trimming the nearly 3 million-strong civil service workforce. But th
It looks like trouble is piling up for Sean "Diddy" Combs. He's already facing serious charges related to sex trafficking, and now, prosecutors hint that more charges could be on the way. In a recent court hearing, an assistant U. S. attorney said they're still investigating and might add new charge
The Federal Reserve is gearing up for another rate cut, which could mean lower interest rates on your credit cards, home loans, and car loans. This will be the third rate cut since September, bringing the total drop to 1 percentage point. While borrowers may celebrate, things get trickier for savers
The Dow Jones Industrial Average has been falling for the longest stretch in over 40 years. Investors are losing hope that the Federal Reserve will quickly cut interest rates next year. The Fed is meeting this week to decide on another rate cut. But investors are unsure how aggressive the central ba
Donald Trump, the soon-to-be president, is upset about a deal that lets federal workers keep doing their jobs from home. He thinks it's a bad idea and wants to stop it. The agreement, made by the Social Security Administration, lets workers telecommute until 2029. Trump doesn't like this and thinks
Hey there! You might be hoping for lower borrowing costs for stuff like homes and cars. But bad news! The Federal Reserve, the folks who control interest rates, is probably going to slow down how quickly they cut rates next year. They're meeting this week and are likely to reduce their benchmark rat
Bitcoin hit a record high over the weekend, reaching $106, 449 before dropping below $104, 000 on Monday. This rollercoaster ride comes as the Federal Reserve is set to make its final interest rate decision of the year. Investors are eagerly waiting to see if the Fed will cut rates again, which coul
Lawmakers from both political parties are voicing concerns about how the federal government is handling mysterious drone sightings in the Northeast. On Sunday, they highlighted gaps in the response and called for more transparency. Officials have confirmed drone activity but insist there's no securi
