Steven Spielberg leaves California for New York as wealth tax push spurs political battle
Steven Spielberg moves to New York amid California's proposed wealth tax, as reps for the legendary director say he relocated to Manhattan to be closer to family.
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US economy grew slower than expected in fourth quarter
The U.S. economy grew at a rate of 1.4% in the fourth quarter of 2025, according to an estimate released on Friday by the Bureau of Economic Analysis.
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Fed's favored inflation gauge showed consumer price growth remained elevated in December
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.
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