The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate.The Bureau of Economic Analysis (BEA) on Tuesday released its initial estimat...
World-famous Kentucky whiskey brand Jim Beam is reportedly closing its production facility in Clermont starting Jan. 1 through the end of 2026. The company is shifting production to its larger Booker ...
A leading contender to become President Trump’s next Federal Reserve chair said the administration expects larger tax refunds and higher take-home pay next year, as many Americans continue to express ...
More Americans are considering making financial resolutions as they approach the new year with a focus on short-term savings goals, according to a new study by Fidelity Investments.Fidelity's annual s...
Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year...
Labor Secretary Lori Chavez-DeRemer insisted the job market is strengthening despite new signs of economic softness, even as unemployment rose to its highest level since 2021.Chavez-DeRemer argued the...
Inflation remained elevated in November at a level well above the Federal Reserve's target rate as policymakers weigh potential interest rate cuts next year.The Bureau of Labor Statistics said on Thur...
Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch next year are a nice gesture, he doesn't think saving money will be necessary with "universal high income" ...
PayPal announced this week that it submitted regulatory applications to create PayPal Bank, a new industrial loan company to support small businesses.The company said Monday that it filed documents wi...
A voluntary recall has been issued for pints of a non-dairy frozen dessert over the potential presence of small stones and other hard objects, according to the Food and Drug Administration.Danone U.S....
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from its primary manufacturer in China after the company's acquisition by Amazon was ...
Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect real affordability relief soon while forecasting ...
