NEW YORK — Stocks sank Tuesday after the head of the Federal Reserve warned it could turn the dial back up on its hikes to interest rates if pressure stays high on inflation. The warning shook markets and raised worries about a possible recession down the line. The S&P 500 dropped 1.5% ...

First, they came for your kid’s school. Now, it’s your retirement money. The woke mob, it seems, is everywhere. Luckily, Republicans are manning the ramparts. The latest battlefield was Congress, where last week the GOP came to the defense of your 401(k) by mounting a courageous ...

WASHINGTON — When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9 percent and showed no sign of easing. This week, Powell returns to Capitol Hill for two days of hearings under far different circumstances. ...

Eli Lilly will cut prices for some older insulins later this year and immediately give more patients access to a cap on the costs they pay to fill prescriptions. The moves announced Wednesday promise critical relief to some people with diabetes who can face thousands of dollars in annual ...

BARCELONA, Spain — The man credited with inventing the cellphone 50 years ago had only one concern then about the brick-sized device with a long antenna: Would it work? These days Martin Cooper frets like everybody else about his invention’s impacts on society — from the loss of privacy ...

WASHINGTON — A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates. Fifty-eight percent of 48 ...