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191 articles found for "debt"
The SSA is now withholding 50% of benefits from overpaid retirees after a policy reversal that went from 10% under Biden to 100% under Trump before settling at half.
US travel spending is projected to grow 2.2% in 2026 to $1.2 trillion, according to the US Travel Association, even as the job market softens and economic uncertainty rises.
President Trump signed the FY2026 spending package ending the partial shutdown, but DHS funding runs out February 13, creating another fiscal cliff as immigration enforcement battles rage.
The average new vehicle transaction price hit an all-time record of $50,326 in December. With 25% tariffs on imported vehicles and parts, Cox Automotive projects prices could climb another $5,500.
OPM's new Schedule Policy/Career rule converts tens of thousands of career federal employees in policy-influencing roles to at-will status, stripping appeal rights and job protections.
Estimates suggest Americans will receive $30 billion to $100 billion in larger tax refunds in 2026, creating a consumer spending boost that could offset rising tariff costs.
The IRS has phased out paper tax refund checks under Executive Order 14247. Here's what 150 million filers need to know about direct deposit, frozen refunds, and new tax benefits for 2026.
Newell Brands stock sinks 12% after the maker of Sharpie, Rubbermaid, and Yankee Candle warns that tariffs will create a $150 million earnings headwind in 2026, with core sales declining and Q1 guidance falling far below expectations.
JP Morgan predicts Amazon will raise Prime membership fees by $20 to $159 in 2026, generating an estimated $3 billion in new annual revenue with minimal subscriber churn, as the company faces pressure to offset massive AI spending.
A nonpartisan analysis from the Partnership for Public Service estimates that DOGE's federal workforce cuts have cost taxpayers $135 billion in fiscal year 2026, nearly erasing the $160 billion in claimed savings.
The University of Michigan's year-ahead inflation expectations dropped from 4% to 3.5% in February, their lowest since early 2025, while consumer sentiment rose to 57.3, fueling bets that the Fed will cut rates as soon as June.
With CPI stuck at 2.7% due to tariff-driven goods inflation, the Fed is trapped between cutting rates to support a weakening economy and holding firm to fight inflation it cannot control. Here's what it means for your money.