Traders work on the floor of the New York Stock Exchange during morning trading on June 26, 2026 in New York City. Miguel M. Santiago | Getty Images Stock futures fell early Monday after the United States attacked Iranian rocket launchers on the island of Larak in the Strait of Hormuz, reigniting fears of an … Read more
Bank of Canada Governor Tiff Macklem, left, U.S. Federal Reserve Chairman Kevin Warsh, center, and Bank of England Governor Andrew Bailey at the Jackson Hole Economic Symposium in Moran, Wyoming, on August 28, 2026.David A. Grogan | CNBC Federal Reserve Chairman Kevin Warsh’s stance in his speech at the Jackson Hole meeting was unexpectedly hawkish, … Read more
Millions of Social Security beneficiaries would receive an additional $200 a month – the so-called “Bernie Bump” – under a new proposal. U.S. Sen. Bernie Sanders, I-Vermont, introduced the “Social Security Expansion Act.” Under the terms of the bill, current Social Security recipients will receive an additional $200 a month, dubbed the “Bernie Bump” in … Read more
ASHEVILLE, N.C. (AP) — President Donald Trump’s administration plans to impose sanctions on another bank this week as it steps up efforts to economically isolate Iran, U.S. Treasury Secretary Scott Bessent told The Associated Press on Sunday. “This will be financial violence if necessary,” Bessent said in the interview. “We’re showing people that we know … Read more
CINCINNATI (WKRC) – Tofu has been recalled in 29 states, including the Tri-State, because it may be contaminated with ink. According to a Food and Drug Administration recall enforcement report, more than 10,000 boxes of tofu produced by Hodo and sold in 29 states were recalled because they were chemically contaminated with ink. The specific … Read more
5PH/Shutterstock It’s not easy being the leader, whether in the office, in sports, or even in bourbon. A visit to most liquor stores reveals a growing selection of bourbons with a wide mix of characteristics and prices. However, one bourbon brand has enjoyed its best-seller status in the world for several consecutive years: Jim Beam. … Read more
OpenAI said Friday it will end its partnership with Cursor, the popular AI coding tool now owned by SpaceX, marking the latest escalation in the long-running dispute between OpenAI CEO Sam Altman and Elon Musk. In a company blog post, OpenAI said it notified SpaceX of its intention to end the contract, proposing a closing … Read more
Unsealed court documents reveal State Farm saved $1.4 billion as weather and roofing claims worsened NBC NewsState Farm made $1.4 billion by cheating Oklahoma homeowners on roofing claims, unsealed documents allege Yahoo Finance State Farm is embroiled in scandal and things just got worse Secret NationState Farm documents revealed after judge lifts protective order KFORT … Read more
Among the many potential disadvantages of allowing the national debt to grow too high was that the federal government would absorb so much capital that businesses would not be left with enough. Today, the U.S. debt stands at $40 trillion, the federal budget deficit is on track to hit $2 trillion this fiscal year, and … Read more
Six months after the war against Iran, the largest American oil companies have posted their biggest profits since 2022, selling less oil at much higher prices. But the conflict is also putting its long-standing investments in the Gulf at risk, exposing the industry’s difficult balance between wartime profits and growing geopolitical vulnerability for investors around … Read more