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Economy
The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’

Given Powell’s commitment to Fed independence, there were doubts that he would leave the board when his replacement as chair comes in.

By Jason MaDecember 25, 2025
tariffs
53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
By Matt Sedensky and The Associated PressDecember 24, 2025
gas
Americans may be angry about affordability, but gas prices are the cheapest they’ve been all year in most states
By Wyatte Grantham-Philips and The Associated PressDecember 24, 2025
Donald Trump, standing in the Oval Office, frowns and looks to the side.
Obama’s former top economic advisor says he feels ‘a tiny bit bad’ for Trump because gas prices are low, but consumer confidence is still plummeting 
By Sasha RogelbergDecember 24, 2025
Millionaire tax plans spread as Washington state eyes new levy
By Anna Edgerton, Casey Murray and BloombergDecember 24, 2025
Latest Stories
Personal FinanceCurrent ARM mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
Personal FinanceCurrent refi mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
Personal FinanceCurrent mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
HHS
LawMedicaid paid over $200 million to dead people in 2021 and 2022, federal watchdog says
By Fatima Hussein and The Associated PressDecember 24, 2025
nursing
Law‘Never seen such heroism’: Christmas Eve bravery on display as rescuers rush into burning nursing home that rocked Pa. city for miles around
By Mingson Lau, Marc Levy, Mark Scolforo and The Associated PressDecember 24, 2025
nursing
North AmericaPennsylvania nursing home rocked by deadly explosion on Christmas Eve
By Tassanee Vejpongsa, Mark Scolforo, Marc Levy and The Associated PressDecember 24, 2025
charity
Arts & EntertainmentMost Americans decide 2025 isn’t the year for charity, poll says
By James Pollard, Linley Sanders and The Associated PressDecember 24, 2025
prison
North AmericaTrump and CBS News’ chief both tried to stop a critical ’60 Minutes’ segment from airing. Somehow it leaked online anyway
By Safiyah Riddle and The Associated PressDecember 24, 2025
More Economy
Dianna Tompkins sits on a stair in front of her home in Demotte, Ind., Dec. 17, 2025.
Arts & EntertainmentWhen SNAP payments stopped, a fast-moving nonprofit program rushed in with $12 million—and kept families fed
By James Pollard and The Associated PressDecember 24, 2025
Arkeem and Ashley with their 6 children.
SuccessMeet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college
By Eva RoytburgDecember 24, 2025
Close up shot of sad worker in festive decorated office packing desk belongings on last day at work. Asian woman wearing xmas hat getting fired from job before Christmas holiday season, leaving
EconomyGDP data confirms the Gen Z nightmare: the era of jobless growth is here
By Eva RoytburgDecember 24, 2025
North AmericaThe Powerball prize now stands at $1.7 billion. Here are the biggest jackpots in history—and where the winning tickets were sold
By The Associated PressDecember 24, 2025
Calvin Butler, President and CEO, Exelon
EnergyUtility CEO on the data center crunch: America’s ‘check engine light’ is on and ‘no one’s going to pay attention until it breaks down’
By Nick LichtenbergDecember 24, 2025
economy
CommentaryWhy 4.3% GDP growth proves the ‘vibecession’ theory is historically wrong
By Brian HamiltonDecember 24, 2025
Photo of gold bars.
InvestingWhy gold went through the roof this year—and why its price may have been raised permanently
By Jim EdwardsDecember 24, 2025
President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC
Economy‘Precarious’ is Wall Street’s defining word for 2026
By Eleanor PringleDecember 24, 2025
RetailMove over caviar, the hottest luxury ingredient is crab
By Matthew Kronsberg and BloombergDecember 24, 2025
EnergyAmericans enjoy one refuge from inflation: The cheapest gas prices in years
By Wyatte Grantham-Philips and The Associated PressDecember 23, 2025
PoliticsMedicaid paid more than $200 million to dead people, and Trump is rewriting privacy laws to fix it
By Fatima Hussein and The Associated PressDecember 23, 2025
Man with laptop working on yacht deck.
SuccessThe average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
students
CommentaryWhy restricting graduate loans will bankrupt America’s talent supply chain
By Katica RoyDecember 23, 2025
Powerball
LawChristmas season brings $1.7 billion Powerball for a lucky winner. It hasn’t hit yet
By Olivia Diaz and The Associated PressDecember 23, 2025
beer
CommentarySupporting moderation: beer’s structural advantage in the no-alcohol space
By Justin KissingerDecember 23, 2025
Rows of servers at Facebook's Fort Worth Data Center in Texas.
EconomyA huge chunk of U.S. GDP growth is being kept alive by AI spending ‘with no guaranteed return,’ Deutsche Bank says
By Jim EdwardsDecember 23, 2025
Trinity Gas Storage recently completed the first, new major storage hub in years, and an East Texas expansion is already underway.
EnergyLittle-known underground salt caverns could slow the AI boom and its thirst for power
By Jordan BlumDecember 23, 2025
PoliticsTrump says he will lead the design of his new class of warships along with the Navy ‘because I’m a very aesthetic person’
By Konstantin Toropin, Aamer Madhani and The Associated PressDecember 22, 2025
PoliticsTrump unveils warship named after himself in shipbuilding push
By Jen Judson and BloombergDecember 22, 2025
BankingBank of America’s Moynihan says AI’s economic benefit is ‘kicking in more’
By Katherine Chiglinsky, Steve Dickson and BloombergDecember 22, 2025
dept
RetailTikTok puts department stores in your phone. Macy’s and Nordstrom say not so fast
By Anne D'Innocenzio and The Associated PressDecember 22, 2025
EconomyJim Beam halts production at key US distillery amid bourbon glut
By Jennifer Creery and BloombergDecember 22, 2025
Travel & LeisureThis new luxury airline seeks to go well above first class without the enormous cost of a private jet, and will only fly to a handful of cities
By Jason MaDecember 22, 2025
Photo of Colin Angle
Innovation‘It’s a cage match’: Beleaguered iRobot founder says the biggest reason why the Roomba-maker failed was because of growing Chinese competition
By Sasha RogelbergDecember 22, 2025
A close-up of Mitt Romney
EconomyMitt Romney says the U.S. is on a cliff—and taxing the rich is now necessary ‘given the magnitude of our national debt’
By Dave SmithDecember 22, 2025
InvestingChaos, cheap money, and a collapse in crypto send gold up 69% for the year, hitting a new record high
By Jim EdwardsDecember 22, 2025
EconomyMeet the American small town that’s becoming the ‘poster child for hard times’ as the largest employer shuts down
By Jesse Bedayn and The Associated PressDecember 22, 2025
InvestingWall Street anticipates a new all-time high as Washington aims ‘cash bazooka’ at banks and consumers
By Jim EdwardsDecember 22, 2025
Photo of Kevin Hassett
EconomyEven if the Supreme Court rules Trump’s global tariffs are illegal, refunds are unlikely because that would be ‘very complicated,’ Hassett says
By Jason MaDecember 21, 2025
NewslettersFortune Archives: The Grape Depression
By Indrani SenDecember 21, 2025
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Most Popular
RetailTrump just declared Christmas Eve a national holiday. Here’s what’s open and closed
By Dave SmithDecember 24, 2025
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Personal FinanceTrump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans
By Annie Ma and The Associated PressDecember 24, 2025
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Personal FinanceFinancial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
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