Money & The Economy

Federal Biofuel Mandate Adds Up To 37 Cents To Every Gallon Of Fuel, Estimates Show

The federal biofuel mandate adds between roughly 7 cents and 37 cents to every gallon of fuel Americans buy, according…

2 days ago

Prices Rise 0.4% in October, Hotter Than Expected, as Fed Officials Open the Door to Bigger Hikes

Consumer prices rose 0.4% in October and core prices 0.3%, both above forecasts, sending Treasury yields toward 5% and raising…

2 days ago

Anthropic Sets IPO Price at $70 to $78 a Share, Eyeing a Value Near $1.4 Trillion

Claude maker Anthropic launched its IPO roadshow, offering 825 million shares at $70 to $78 each to raise up to…

2 days ago

Most Americans Are Blind To How Much Their Retirement Actually Costs, New Study Finds

The majority of Americans have significant blind-spots when it comes to financial planning for their sunset years and communicating their…

2 days ago

Brent Crude Falls Below $90 for First Time Since August as Trump Says Iran War Could End ‘Fairly Soon’

Oil extended its slide Tuesday, with Brent dropping below $90 a barrel and U.S. crude near $84.74 after President Trump…

3 days ago

Fed’s Waller Backs a December Rate Hike, Floats a Half-Point Move if Inflation Stays Hot

Federal Reserve Governor Christopher Waller said Tuesday he would back a quarter-point rate hike in December even if inflation cooled…

3 days ago

Vanguard and Fidelity See Stocks Returning About 5.8% a Year, Far Below the 10% Many Retirees Plan On

Two of the biggest names in retirement savings now project U.S. stock returns well below the long-run average, a gap…

3 days ago

Boeing to Cut 5% of Its Commercial Airplane Workforce as 737 Max Ramp-Up Stalls

Boeing will trim about 5% of its commercial airplane division, roughly 2,500 positions by one estimate, through layoffs and attrition…

3 days ago

Stocks Post Best Day Since April as Dow Jumps 1,104 Points, but Nvidia Sinks 4%

Stocks roared back Monday as crude oil tumbled nearly $6 a barrel on easing Iran fears, giving the S&P 500…

3 days ago

Gas Falls Below $4 a Gallon for First Time Since August, but GasBuddy Calls the Election Link a Myth

The national average for gasoline fell to $3.96 a gallon Monday, GasBuddy said, but its top analyst called claims that…

4 days ago