Treasury Secretary Scott Bessent said American households could receive substantial $1,000-$2,000 tax refunds in early 2026 under OBBBA tax law changes.
President Donald Trump highlighted savings on mortgage payments at a Pennsylvania rally, citing data showing annual decreases compared to increases under the Biden administration.
Lucky Foods cinnamon powder was recalled in 14 states due to potentially dangerous levels of lead contamination, and the FDA warned of possible serious health risks.
Federal Reserve chair Jerome Powell wants to leave office with inflation at 2% and strong job market when his term ends in May 2026, avoiding legacy talk.
Southwest Airlines CEO Bob Jordan reportedly said the carrier is pursuing its own airport lounge network as part of an effort to compete for premium travelers.
Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.