Business News

CBO Projects Federal Reserve Will Lower Rates to 3.4% by 2028 Amid Slowing Growth

Economic outlook anticipates rising Treasury yields and modest GDP growth underpinned by fiscal policy shifts

The Congressional Budget Office forecasts the Federal Reserve to reduce short-term interest rates to approximately 3.4% by the conclusion of President...

Medicare Part A Expenses and Charges Set for 2026

An overview of inpatient deductibles, daily coinsurance costs, and the value of supplemental coverage

Medicare Part A enrollees should anticipate increases in several hospital-related charges in 2026, including inpatient deductibles and daily coinsuran...

OpenAI Introduces ChatGPT Health to Assist Patients and Clinicians Amidst Healthcare Challenges

AI flags critical drug interaction overlooked by physicians, raising questions on data privacy and reliability

OpenAI recently launched ChatGPT Health, an AI-driven tool aimed at simplifying complex medical information for both patients and healthcare providers...

Reid Hoffman Critiques California’s Proposed Billionaire Wealth Tax Citing Design Flaws

LinkedIn co-founder emphasizes risks to innovation and business stability amid ongoing policy debates

Reid Hoffman, co-founder of LinkedIn, publicly challenged California's billionaire wealth tax proposal, highlighting its structural shortcomings and p...

Anticipating December's Employment Data: A Mixed Outlook for the US Labor Market

Economists predict modest job growth amid signs of labor market strain and potential stabilization

As the US Bureau of Labor Statistics prepares to release its December employment figures, economists present a spectrum of forecasts reflecting an evo...

Five Democratic States Challenge Federal Halt on $10 Billion Childcare Funding

Legal Action Targets Suspension of Key Welfare Programs Amid Fraud Allegations

The states of California, Colorado, Illinois, Minnesota, and New York have initiated a lawsuit against the federal government's decision to freeze ove...

Energy Executives and the White House Deliberate on Venezuela Oil Prospects

Negotiations focus on security, sanctions, and fiscal conditions amid Venezuela's complex instability

President Donald Trump is engaging with top oil industry leaders in discussions aimed at encouraging renewed American investment in Venezuela's oil se...

Key Considerations for Claiming Social Security in 2026

Evaluating Timely Enrollment for Different Personal Circumstances

As the year 2026 unfolds, individuals eligible for Social Security face decisions on when to initiate benefits. While delaying claims can increase mon...

Strategizing the Timing of Your Required Minimum Distribution in 2026

Evaluating Whether Early Withdrawal in January Aligns with Your Financial Goals

As individuals approach or exceed the age of 73 in 2026, decisions regarding the timing of required minimum distributions (RMDs) from retirement accou...

Polymarket Sees Surge in Bets on Iran's Supreme Leader Amid Escalating Protests

Prediction Market Activity Intensifies as Iranian Unrest Continues into Twelfth Day

Betting on the potential removal of Iran's Supreme Leader Ayatollah Ali Khamenei by January 31 has gained notable traction on the Polymarket predictio...

California Governor Champions Elevated Sectoral Wages Amidst National Disparities

Newsom contrasts California’s rising industry-specific minimum wages with stagnant rates in numerous Republican-led states, underscoring economic challenges and fiscal pressures

In his recent address and accompanying social media remarks, Governor Gavin Newsom highlighted California's progressive minimum wage increases tailore...

US Senate Challenges Presidential Military Action on Venezuela Amid Prolonged Oversight Plans

President Trump Signals Extended American Role in Venezuela's Future Amid Legislative Pushback

The US Senate has taken steps to limit President Trump's authority to initiate new military operations in Venezuela, reflecting bipartisan concerns ov...