BlackRock CEO Calls Trump Accounts Key to Boosting Youth Savings
BlackRock CEO Larry Fink described Trump Accounts as a “very significant” opportunity to increase savings and investment among young Americans. In his annual chairman’s…
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Business
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Epic Games Lays Off 1,000 Employees Amid Fortnite Engagement Decline
Epic Games announced layoffs of over 1,000 employees due to continuing declines in engagement with its flagship game, Fortnite. CEO Tim Sweeney cited a…
United Airlines Warns Airfares Could Rise 20% Amid High Fuel Costs
United Airlines CEO Scott Kirby warned that airfares could increase by up to 20% if jet fuel prices remain high due to the ongoing…
Bank of America Highlights 250-Year Role in U.S. Economic Growth
Bank of America CEO Brian Moynihan outlined the bank’s historical role in supporting the U.S. economy since its earliest days in a letter accompanying…
United Airlines Cuts 5% of Flights Amid Surging Fuel Prices
United Airlines announced it will reduce about 5% of its flight capacity in response to soaring fuel costs linked to the ongoing conflict involving…
Fed’s Bowman Predicts Three Rate Cuts Before Year-End
Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday she has penciled in three interest rate cuts before the end of 2026 to…
Treasury Secretary Bessent Rules Out Oil Futures Market Intervention
Treasury Secretary Scott Bessent announced that the U.S. government will not intervene in the oil futures market amid supply disruptions linked to the Iran…
Freddie Mac Reports 30-Year Mortgage Rate Rises to 6.22%
Mortgage rates on the benchmark 30-year fixed loan rose to 6.22% this week, marking the highest level in nearly four months, according to Freddie…
Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty
The Federal Reserve decided to keep interest rates unchanged Wednesday, maintaining the benchmark federal funds rate at a range of 3.5% to 3.75%. The…
Federal Reserve Projects Only One Rate Cut in 2026 Amid Inflation Concerns
The Federal Reserve maintained interest rates at 3.5% to 3.75% on March 18, 2026, as the Federal Open Market Committee (FOMC) cited economic uncertainty,…