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Latest in Financial News
30 stories
Social Security insolvency is ‘entirely solvable,’ says commissioner under Biden
The solution is simple — but it won’t be easy.…
Melania Trump announces a new savings account for youth in foster care
A new savings program for children in foster care was announced Thursday at an event with the first lady and Treasury Secretary Scott Bessent…
Inflation Hasn't Been This High Since 2023. Could Gold Be Due to Rise Higher This Year?
Gold has been a safe haven in the past, and with its price falling recently, it may be due for a rally.…
As Trump sticks with Pulte, foreign surveillance program hurtles toward expiration
The U.S. House rejected a short-term extension of Section 702 of the Foreign Intelligence Surveillance Act. The surveillance authority expires Friday.…
Jobless claims rise to 4½-month high, but here’s the thing: Layoffs aren’t really rising
Are layoffs on the rise? The number of people seeking unemployment benefits rose again in early June, but it isn’t because businesses are cutting more jobs.…
Trump might 'love the inflation,' but consumers are feeling the pain, experts say
For consumers, the Middle East conflict's impact on the cost of everyday goods has made it harder to make ends meet.…
The big question: Why is the European Central Bank hiking rates when the Fed is not?
The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates …
Baldwin, Khanna propose new direct foreign investment review board to probe Trump's deals
Sen. Tammy Baldwin and Rep. Ro Khanna, both Democrats, raised concerns with President Donald Trump's courting of foreign investment.…
Wholesale inflation surges again and keeps the pressure on businesses and the U.S. economy
Wholesale prices in May posted the biggest back-to-back increases since 2022 and kept the pressure on businesses as they try to navigate another wave of U.S. in…
Trump says U.S. will seize Iran's Kharg Island and other 'oil infrastructure points'
Trump said the forthcoming operations to take over Iran's oil infrastructure, and its oil and gas markets, would be similar to U.S. actions in Venezuela.…
ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
The European Central Bank also raised its inflation forecasts and cut its growth outlook.…
If the Fed Raises Interest Rates in 2026, How Will It Impact Retirees?
It's important to know what to expect.…
Dollar General Sales Are Soaring. Is the Discount Retailer's Stock a Buy in 2026?
Most investors fear lingering inflation will chip away at Dollar General's foot traffic, which has defied the odds so far.…
Private credit has ‘growing pains,’ but a Man Group exec sees opportunities in higher rates
Private credit is facing liquidity-related “growing pains,” but higher-for-longer interest rates could create attractive yield opportunities, Man Group said.…
Treasury yields steady as investors monitor inflation data, U.S. strikes in Iran
U.S. Treasurys steadied Thursday, as investors monitored developments in the Middle East conflict ahead of further inflation data.…
Uh-Oh! The Probability of an FOMC Rate Hike Within the Next Year Is Soaring.
New Fed Chair Kevin Warsh and the Federal Open Market Committee (FOMC) may be forced to tackle rapidly rising inflation.…
The Dividend ETF I'd Buy Today Instead of VYM
A robust selection strategy, better performance, and a higher yield all make the Schwab U.S. Dividend Equity ETF a clear upgrade over VYM.…
Citigroup shares outperform down market after Trump endorsement
Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major banks, after Trump lauded its turnaround in a social media post.…
Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh's ears
The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair Kevin Warsh.…
Stock Market Today, June 10: Super Micro Computer, Nvidia, Micron Fall as Risk-Off Mood Intensifies
AI hardware shares slide as investors digest Super Micro’s massive stock sale, hot inflation, and rising tensions in the Gulf, today, June 10, 2026.…
Trump keeps saying an Iran deal is close. Markets keep believing it
Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.…
Trump says U.S. secretly moved more than 100 million barrels of oil through Strait of Hormuz
Trump's comments come after Energy Secretary Chris Wright said Tuesday that oil exports through Hormuz are "rising very meaningfully."…
The 4.2% inflation rate is a bummer, but the worst might be over
Lower gasoline prices and fading tariff effects are likely to nudge U.S. inflation lower by the end of 2026.…
These in-demand jobs pay over $100,000 — and offer raises that keep ahead of inflation
U.S. inflation rates outpaced wage gains for a second straight month in May.…
Stock Market Today, June 10: Hot Inflation and War Escalation Fears Pressure Stocks at Midday
On June 10, 2026, a $7 billion share sale sent Super Micro Computer tumbling and intensified a broader retreat across Wall Street.…
Dow Jones Tumbles Over 1% as Energy-Driven Inflation and Iran Conflict Rattle Markets
Why did stocks sell off after a promising start? Rising energy prices and a presidential threat changed the market's mood.…
Jim Cramer calls elevated CPI 'artificial inflation' — what that means for the stock market
The broad measure of inflation was not nearly as bad as the Wall Street narrative would have you believe.…
Company that bet big on Trump-backed crypto says its fortunes have improved
AI Financial Corp. says it has mitigated some of the concerns that prompted it to say earlier that it may not be able to stay in business.…
Trump says 'I love the inflation' after consumer price index hits 3-year high
President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "we've been taking out millions of barrels of oil."…
Trump pledges more Iran attacks, saying U.S. will be 'attacking them very hard'
President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal to end the war was near.…