News

Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate data sources to consider at its October meeting if upcoming economic data is not released as scheduled due to a potential government shutdown.The government is slated to shut down at 12:01 a.m. ET on Wednesday if Congress fails to approve a funding extension. The House has passed a continuing resolution, but efforts have stalled in […]

Kansas City Chiefs star Travis Kelce is working hard to keep his team’s win streak going, but he’s also remaining a constant in his community with his third annual "Kelce Car Jam."Before the Chiefs defeated the Baltimore Ravens at home on Sunday, the Kelce Car Jam, sponsored by Raising Cane’s, was held on Friday night to benefit the future Hall of Famer’s 87 & Running Foundation. This highly anticipated event brings […]

Charlie Javice, the founder of the student loan startup Frank, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of millions by inflating user data.Prosecutors said Javice, 33, duped JPMorgan Chase into buying her company by exaggerating its student numbers, leading to her March conviction on bank, securities, and wire fraud, as well as conspiracy charges.U.S. District Judge Alvin Hellerstein in Manhattan federal court […]

A partial shutdown of the federal government may begin at midnight barring action by Congress on a spending bill to fund operations which could spark concern over the economic impact, although it's unlikely to have a significant impact based on past shutdowns.The government is funded until 11:59:59 p.m. Eastern Time on Tuesday night, when current funding that runs through the end of fiscal year 2025 ends – creating the potential for […]