Alan Greenspan, seated left, said working for President Gerald Ford, sitting next to him, was more interesting than helming the Fed.
The estate of Microsoft co-founder Paul G. Allen, who died in 2018, made a big charitable bequest in 2025. AP Photo/John FroschauerU.S. charitable giving rose 3% in 2025, surpassing US$600 billion for the first time.
People drove less and bought more-efficient cars when fuel prices surged, habits that could stick over the long term.
Deed fraud victim Kim Page sits on her front steps in Detroit on June 12, 2026. Nic Antaya/The Conversation, CC BY-NDBuying her first home on Detroit’s far east side in 2021 was the moment when a lifelong dream finally came within reach for Kim Page.
Junette Thomas, a retired nurse, puts away food delivered by Meals on Wheels South Florida.
ExxonMobil CEO Lee Raymond, left, and other oil company heads testify about energy pricing and profits at a Congressional hearing in November 2005.
The country has long faced some of the world’s heaviest sanctions. The lifting of restrictions could open new vistas on trade and financial access.
Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets.
The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank.
Interest rates didn’t change, but the language in Fed’s policy statement, which it released alongside its rate decision today, certainly did.
