Lisa Cook’s Trump lawsuit opens new chapter in showdown over Fed independence
Federal Reserve governor Lisa Cook on Thursday sued President Donald Trump after he moved to fire her over accusations of mortgage fraud, opening a new chapter in a showdown over the independence of the U.S. central bank.
White House says Trump has fired CDC Director Susan Monarez
Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), arrives to testify for her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC. Kayla Bartkowski | Getty Images The […]
‘My blood pressure is sky high’: I’m in my 70s and a widow. I pay $12K a year for long-term-care insurance. Do I cut the cord?
“What if I become cognitively impaired and need benefits for 15-20 years?”
Ulta Beauty (ULTA) earnings Q2 2025
Ulta Beauty on Thursday raised its full-year forecast, after reporting growth in all major categories and topping Wall Street’s quarterly sales expectations. The beauty retailer said it expects net sales of between $12 billion and $12.1 billion, up from its previous range of $11.5 billion and $11.7 billion, representing an increase from last fiscal year’s […]
Best Buy (BBY) earnings Q2 2026
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images Best Buy surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty. On the company’s earnings call, […]
What economists are watching for in tomorrow’s PCE inflation and spending data
Higher inflation from tariffs is starting to flow through the U.S. economy at the same time that growth is losing some momentum.
Pending home sales tick lower in July as canceled contracts spike
Signed contracts to buy existing homes, known as pending sales, were weaker in July compared with June, and were canceled at the highest rate since at least 2017. The monthly pending home sales index from the National Association of Realtors dropped 0.4% in July from June, but was still 0.7% higher from July of last […]
How Vanguard defends a super-conservative strategy that has proved surprisingly controversial
In one of its many strategies, the money-management giant Vanguard is now suggesting a portfolio that tilts heavily toward bonds over stocks.
Amtrak is debuting its NextGen Acela. Here’s what you need to know
Amtrak’s NextGen Acela. Courtesy: Amtrak Amtrak rolled out its NextGen Acela trains on Thursday, marking the next phase for the U.S.’s attempt at high-speed rail. Dubbing itself as “America’s only high-speed rail service,” the new trains will run between Washington, D.C., and Boston, with a top speed of 160 mph. It’s an extension of Amtrak’s […]
American Eagle shares rise on partnership with Travis Kelce
American Eagle launches AE x Tru Kolors by Travis Kelce. Courtesy: American Eagle Shares of American Eagle rose Wednesday morning after the apparel company announced a collaboration with football star Travis Kelce, just a day after he and singer Taylor Swift said they were engaged. The stock was up roughly 5% in early trading. Kelce’s […]
