President Donald Trump has once again called for the resignation of Federal Reserve Chairman Jerome Powell, escalating his criticism of the central bank's monetary policy. According to reliable sources, Trump posted on his social media platform, Truth Social, demanding Powell's immediate resignation. The President linked his comments to a Bloomberg report suggesting a … [Read more...] about Trump Renews Call for Fed’s Powell to Step Down Now
Financial News
Egg Prices Fall Slightly, Offering Little Relief to Shoppers
The story of retail egg prices in the United States is akin to a wild bronco ride at a Texas rodeo. One moment, we're bucked high with record-setting prices. Next, we're in a modest dip, but still near the peak. Last month, government data revealed a bit of relief for American consumers. The average price for a dozen Grade A eggs dropped to $5.12 in April. It marked the … [Read more...] about Egg Prices Fall Slightly, Offering Little Relief to Shoppers
Trump’s Prescription for Lower Costs
President Donald Trump, at the dawn of the week, took to his social media platform to proclaim a victory for the American wallet. He promises reduced costs, not just in our medical cabinets, but also at our gas stations, grocery stores, and energy bills. The president is about to put his signature on an executive order that promises to ensure Americans pay the "lowest price … [Read more...] about Trump’s Prescription for Lower Costs
Trump: ‘No Plans’ to Remove Fed Chair Powell Before 2026 Term Ends
Donald Trump has said that he won't remove Jerome Powell from his position as Federal Reserve Board chairman before the end of Powell's term in May 2026. He also called Powell "a total stiff", and repeated calls for the Fed interest rate to be lowered. In an interview on "Meet the Press With Kristen Welker", which aired on NBC News on Sunday, Trump stated that Powell wasn't … [Read more...] about Trump: ‘No Plans’ to Remove Fed Chair Powell Before 2026 Term Ends
DOJ Investigates UnitedHealth Over Medicare Billing—Billions at Stake?
The Justice Department launched an investigation in recent months into UnitedHealth's Medicare Billing practices, according to the Wall Street Journal, which cited people familiar with this matter. In premarket trading, shares of the company dropped nearly 7% to $466.88. The report added that the new civil fraud probe is looking at UnitedHealth's methods for recording … [Read more...] about DOJ Investigates UnitedHealth Over Medicare Billing—Billions at Stake?