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Powell says he'll stay on Fed board after chairmanship ends but won't be a 'shadow Fed chair' Fed Chair Jerome Powell says he won't retire after his term ends next month, pledging to be a constructive governor and not a shadow Fed chair.

Bessent says US seized nearly $500M in Iranian crypto as Operation Economic Fury sends regime into ‘crisis’ Treasury Secretary Scott Bessent says the U.S. maximum economic pressure campaign on Iran has sent the regime into "crisis," with nearly $500 million in crypto assets seized.

LARRY KUDLOW: Time to say goodbye, Jay Powell

Costco changes beloved $1.50 hot dog deal for the first time in decades: reports Costco's iconic $1.50 hot dog and drink combo reportedly now offers a Kirkland Signature bottled water swap option alongside the traditional soda.

United pilot reports midair drone scare near airport during landing approach A United Airlines pilot reported a possible drone encounter at thousands of feet while approaching a major airport, raising concerns about unauthorized devices in restricted airspace.

Federal government made $186B in improper payments last fiscal year Improper federal payments hit $186 billion in fiscal year 2025, with Medicare, Medicaid and tax credits accounting for the bulk, a new GAO report finds.

Federal Reserve leaves interest rates unchanged as Powell's chairmanship nears end Federal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell's term as central bank chairman draws to a close.

Gas prices soar to highest point so far during unsettled conflict with Iran The AAA national average price for regular gas has risen to a whopping $4.229, the highest point so far amid the still unresolved war between the U.S. and Iran.

Maine joins blue-state millionaire tax club as critics warn the new surcharge punishes local economy Maine joins other high-tax blue states as Gov. Janet Mills signs a new millionaire tax surcharge, drawing warnings it will stifle investment and hurt businesses.

California high-speed rail project soars to $231B: 'Worst public infrastructure failure in US history' California lawmakers demand the state's high-speed rail project be abandoned after projected costs surge by more than 700% past original estimates.