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Why the Federal Reserve has historically been independent of the White House

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WASHINGTON (AP) — The Justice Department has threatened the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations, Powell said over the weekend.
It is a major escalation by the administration after repeated attempts by President Donald Trump ... (full story)


Financial ‘awareness’ is the path to financial literacy

As we look forward to 2026, are you concerned about the future? Financial "awareness" can help turn resolutions into realities.
Inflation remains a top concern for many, as reflected in Fidelity's annual New Year's Financial Resolutions study (tinyurl.com/bdfx32rn). This year's version, released on Dec. 11, surveyed 3 ... (full story)


A $400,000 payout after Maduro's capture is putting prediction markets in the spotlight

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Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.
The latter is drawing renewed scrutiny into this murky world of speculative, 24/7 transactions. Last week, an anonymous trader p ... (full story)


Stock expectations

Q. Some stocks rise on good news about the company while others don't. Why? -- T.H., Venice, Florida
A. It all depends on what investors have been expecting. For example, if they've expected earnings to grow by 12% and the company reports 10% growth, the stock might drop. Some news may already be baked into the stock price, too. ... (full story)


Mexico's heritage shines as resorts put culture over cliche

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A new Deloitte study projects Mexico will be the fifth most visited country worldwide by 2040, as global interest drives tourism growth. Despite a drop in international travel to the United States, Americans are leaving the country more than ever, and our neighbor to the south remains a favorite destination. Luxury and millennial tr ... (full story)