Texas dethrones California as top state for Fortune 500 headquarters

A shifting economic landscape has culminated in Texas, dethroning California as the nation’s premier hub for Fortune 500 companies. Data from the 2026 Fortune 500 list show Texas leading with 57 headquarters, compared with California’s 56, marking a reversal from two years ago, when California held the lead.Additionally, corporations in…

Fed Beige Book finds inflation surging across most districts on energy

A new report from the Federal Reserve finds that inflation is pushing prices higher at a strong pace in most of its regional districts around the country, driven by the surge in energy prices. The Fed on Wednesday released its latest edition of the Beige Book, which summarizes economic conditions…

Ford recalls 420,000 Expedition, Navigator SUVs over seat belt defect

Ford recently announced a recall affecting nearly 420,000 Ford Expedition and Lincoln Navigator sport utility vehicles (SUVs) over an issue with seat belts locking and potentially causing injury to occupants during a crash. The auto recall covers 342,283 Ford Expedition vehicles from model years 2018 to 2022, as well as…

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Why index funds and ETFs beat picking individual stocks for most investors

When introduced to investing, many market participants learn about the benefits of owning individual equities. And market history is littered with examples of “story stocks” that minted fortunes for select investors who likely just got lucky. But for most investors, the better course of action is to learn how to…

350K supplements recalled for packaging that poses ‘risk of serious injury or death’

More than 350,000 vitamins and supplements were recalled due to incorrect packaging, which federal regulators said poses a “risk of serious injury or death” to children. New Jersey-based Vitaquest International initiated the voluntary recall of about 356,140 dietary supplements that contain iron due to the lack of child-resistant packaging required…

IRS offers 3 ways to request a tax extension before April 15 deadline

The deadline to file 2025 tax returns is looming on Wednesday, April 15, and while tens of millions of taxpayers have filed their returns, there will likely be millions filing extensions to give themselves until the fall to submit their returns. Taxpayers who need more time to file their 2025…

Expert says workers can use AI skills to get ahead and unlock new opportunities

More than two thousand years ago, Greek philosopher Heraclitus of Ephesus coined the phrase, “Change is the only constant.” That observation has remained true since his death, but now change is happening even faster, largely due to generative artificial intelligence (Gen-AI) technology such as ChatGPT or Claude. And that is…

Congress warns taxpayers of IRS impostor scams ahead of April 15 deadline

The bipartisan leaders of Congress’ Joint Economic Committee are sounding the alarm about tax season scams that fraudsters may look to use on unsuspecting taxpayers as filing season winds down. Taxpayers have until Wednesday, April 15, to file their 2025 tax returns or request an extension, and scammers may take…

Only 8 of top 50 US housing markets are buyer’s markets, report finds

The climate of the U.S. housing market for buyers varies around the country, and a new report suggests there are currently only eight metro areas that are truly buyer’s markets. The economist research team at Realtor.com released a diagnostic tool called the Market Clock that tracks the housing market at…

Why the Vanguard Total Stock Market ETF is ideal for hands-off investors

Assets under management for U.S. exchange-traded funds could more than double to $25 trillion by the end of this decade, Citigroup said on Thursday, as investors seek the increasingly popular asset class for low-cost, diversified exposure across markets. As of March 2025, the U.S.-listed ETF industry’s total assets stood at…

March 2026 CPI: Inflation surged as Iran war took a toll on consumer prices

This story on the March 2026 CPI inflation report is developing and will be updated with further details. Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the Iran war’s impact on the energy market.The Bureau of Labor Statistics on Friday said that the consumer price…

USPS freezes pension contributions, sounds alarm over looming financial crunch

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the Federal Employees Retirement System (FERS), comes just weeks after the Postal Service warned Congress it could run out of cash in under…

American homeowners faced rising property tax burden in 2025, report finds

American homeowners around the country are feeling the squeeze of higher property taxes, with new data showing that the property tax burden rose last year. Data from analytics firm ATTOM showed that the effective tax rate for single-family homes was 0.9% in 2025, up from 0.86% in 2024 and the…