He spoke to attendees in Davos via live feed from the White House. President Donald Trump delivered remarks via live feed from the White House on Thursday to…
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CFPB Sues Capital One for Cheating Customers Out of $2 Billion in Interest
The bureau alleges the company published misleading communications about new savings accounts. The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the bank Capital One for…
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President Trump Declares National Energy Emergency
He issues executive orders to expedite U.S. oil and gas drilling. President Donald Trump enacted dozens of executive orders on the first day of his second administration, one…
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President Trump Declares Inauguration as Start of America’s “Golden Age”
He highlights some goals of his incoming administration. President Donald Trump promised his administration would bring about a new “Golden Age” in America, laying out a wide variety…
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Labor Department Releases December Inflation Data
The rate of inflation rose 0.4 percent last month bringing 2024’s annual total to 2.9 percent. The U.S. Labor Department announced inflation numbers for the month of December…
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IRS Releases Final Rules for Hydrogen Production Tax Credit
Clarifies wage and apprenticeship standards for Regional Clean Hydrogen Hubs program participants. The Internal Revenue Service (IRS) released its final rules for its Clean Hydrogen Production Tax Credit,…
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Medicare Cost for 64 Drugs Decreases
The savings under the Inflation Reduction Act are anticipated to benefit 853,000 enrollees. Starting January 1, 2025, Medicare enrollees will see reduced coinsurance rates for 64 drugs under…
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VA to Reduce Life Insurance Premiums for Veterans, Service Members, and Families
Over 3 million insured individuals to benefit from premium discounts starting in 2025. The Department of Veterans Affairs (VA) will reduce life insurance premiums for over three million…
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Federal Chief Economists Respond to Mortgage Rates Increasing
The housing market continues to experience challenges. The Federal Home Loan Mortgage Corporation (Freddie Mac) reported that the average rate for a 30-year-fixed-rate mortgage neared 7 percent this…
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FTC Issues Refunds to Consumers Misled by Credit Karma’s False “Pre-Approval” Claims
Refunds target misleading credit offers promising high odds of approval. The Federal Trade Commission (FTC) is distributing more than $2.5 million to nearly 51,000 consumers misled by Credit…
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