U.S. economy – One America News Network

PHILADELPHIA, PENNSYLVANIA - NOVEMBER 12: Treasurer of the United States Brandon Beach holds the last penny stamped at the US Mint on November 12, 2025 in Philadelphia, Pennsylvania. Beach pressed the final pennies at an event held at the facility. The pennies pressed bear a special 'Omega' and will not be put in circulation, but will be auctioned off. (Photo by Matthew Hatcher/Getty Images)

U.S. produces final penny as production is canceled after 230 years

The United States has produced its last penny, as President Donald Trump canceled its production after 232 years.

NEW YORK, NEW YORK - APRIL 11: The Wall Street street sign is seen outside of the New York Stock Exchange during morning trading on April 11, 2025 in New York City. Stocks continued to slide amid tariff fears after U.S. President Donald Trump temporarily reduced country-specific duties to a universal rate of 10% except for China. China retaliated by raising its levies on U.S. products to 125% from 84%. (Photo by Michael M. Santiago/Getty Images)

Trump to host WH dinner with top Wall Street executives

President Donald Trump is set to host a White House dinner with a prominent group of Wall Street executives on Wednesday night, including CEOs from JPMorgan Chase, Goldman Sachs, and BlackRock.

WASHINGTON, DC - OCTOBER 29: Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. For the second straight month, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 3.75 percent to 4 percent. (Photo by Alex Wong/Getty Images)

Fed cuts interest rates to lowest level in 3 years

The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere.

RANCHO CUCAMONGA, CALIFORNIA - SEPTEMBER 17: An aerial view of residential homes on September 17, 2025 in Rancho Cucamonga, California. The 30-year fixed mortgage average rate dropped to 6.13 percent yesterday, the lowest mark since 2022, ahead of today’s Federal Reserve rate cut announcement. (Photo by Mario Tama/Getty Images)

Mortgage rates drop to lowest levels of 2025

This week, mortgage rates fell to their lowest level of the year.

JPMorganChase sign at the firm's headquarters at 270 Park Avenue in the Midtown area of New York City, U.S., September 9, 2025. REUTERS/Shannon Stapleton/File Photo

JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge

JPMorgan Chase unveiled a plan to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience.