United Airlines reduces approximately 5% of its flights due to rising fuel costs from the Iran conflict.
United Airlines Cuts Flights Amid Rising Fuel Prices As the conflict in Iran escalates and oil prices rise, United Airlines has decided to scale back its flight operations. It becomes the first major airline in the U.S. to announce such reductions following widespread warnings throughout the industry. In a memo to staff, CEO Scott Kirby […]
Bowman indicates she expects three rate cuts by the end of 2026.
Federal Reserve Plans Interest Rate Cuts On Friday, Michelle Bowman, the Vice Chair for Oversight at the Federal Reserve, indicated that there are plans for several interest rate reductions by year-end. During an interview with Fox Business Network’s “Mornings with Maria,” she expressed concern about the job market, stating, “I still worry about it. I’d […]
Steps to take advantage of the new car loan interest deduction for your 2025 taxes
Ed Yardeni, president of Yardeni Research, discusses the future of tax refunds and the concept of “making money.” This tax season, a new tax reduction is available for individuals taking out auto loans on specific vehicles. Last year, Republicans pushed the One Big Beautiful Bill Act (OBBBA) through Congress using the reconciliation process, and the […]
QatarEnergy announces force majeure following Iran’s attacks on Ras Laffan facility
Global Energy Crisis Following Iranian Attack on Qatar Stuart Barney from FOX Business discusses the worsening global energy crisis intensified by the recent conflict in the Middle East. He evaluates the lingering economic and political effects this situation may have on American consumers. The CEO of Qatar Energy revealed that an Iranian attack has cut […]
Mortgage rates increase to 6.22%
Mortgage Rates Reach New Highs Amid Economic Concerns In a recent appearance on “The Craman Countdown,” Robert Refkin, the CEO and Chairman of Compass International, discussed the ongoing issues related to housing inventory and affordability, particularly as mortgage rates continue to rise. This past week, mortgage rates surged to their highest point in nearly four […]
IRS unveils list of major tax scams for the 2026 filing season
IRS Warns Taxpayers About Common Scams in the 2026 Filing Season Frank Bisignano, the Commissioner of the Social Security Administration, recently spoke on “Morning with Maria” about the record tax refunds, tax breaks for families and seniors, and the federal government’s efforts against fraud as Tax Day approaches. As part of its annual alert, the […]
Treasury Secretary Scott Bessent dismisses the idea of intervening in oil futures.
Treasury Secretary Scott Bessent appeared on “Morning with Maria” to talk about various pressing issues, including the Iran conflict, soaring oil prices, and the overall uncertainty in the markets, particularly regarding the Federal Reserve and Jerome Powell’s future role. He emphasized that his department would not interfere with the oil futures market, despite the U.S. […]
Federal Reserve anticipates just one interest rate reduction in 2026 due to economic uncertainty
Federal Reserve Maintains Interest Rates Amid Economic Uncertainty The Federal Reserve has decided to keep interest rates steady, a move elicited by rising uncertainties around the impacts of the ongoing Iran conflict on the economy and its implications for monetary policy. This decision raises questions about the likelihood of rate cuts later in the year. […]
FTC alerts 97 car dealerships regarding deceptive pricing methods
FTC Sends Warning to Auto Dealers on Pricing Transparency The Federal Trade Commission (FTC) has issued a notification to 97 car dealerships nationwide, emphasizing that the prices advertised must include all mandatory fees that consumers might face. This communication serves as a reminder for auto dealers to review their advertising strategies and pricing methods, ensuring […]
National debt reaches unprecedented $39 trillion for the first time
The national debt in the U.S. reached a new record on Wednesday, exceeding $39 trillion for the first time. This surge is largely driven by ongoing federal deficits. According to data from the Ministry of Finance, the total debt stood at $39,016,762,912,245.14 as of March 17. This milestone comes just five months after the national […]