Hassett says he supports Federal Reserve independence amid Trump admin's rate cut push
National Economic Council Director Kevin Hassett says Federal Reserve monetary policy should remain independent from political influence, including from President Donald Trump.
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The Federal Reserve quietly shapes the Powerball's $1.7B jackpot
The $1.79 billion Powerball jackpot won in Missouri and Texas reflects how Federal Reserve interest rates boost lottery annuity payouts compared to lump-sum options.
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Bank of America reports small business hiring down 6.7% year-over-year amid tariff surge
Bank of America Institute data shows small business hiring slowed 6.7% year-over-year as of July as tariff payments by importing firms surged nearly 170% since early this year.
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