Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.Bess...
Financial services firms have increased their presence in the state of Texas in recent years as they diversify their strategic footprint beyond the traditional financial hub of New York City's Wall St...
The Federal Reserve cut interest rates for the second time in 2025 last week, though one member of the central bank's monetary policy committee voted against cutting rates, citing concerns over inflat...
Americans enrolled in health insurance plans offered through the Affordable Care Act, commonly known as Obamacare, are expected to rise next year as the debate over extending enhanced subsidies is a f...
BlackRock CEO Larry Fink said that the U.S. remains the primary destination for investors to put their assets and will continue to be for at least the next year and a half amid economic trends.Fink wa...
The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth...
The four largest U.S. airlines are now adding pressure on Democrats to "pass a clean CR" and reopen the government as Transportation Security Administration (TSA) workers and air traffic controllers a...
Mortgage rates fell for the fourth consecutive week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the ben...
American retailers are offering more discounts on Hershey products ahead of Halloween as the candymaker raised prices because of tariffs and cocoa inflation, Reuters reported, citing data. The news ag...
The Trump administration said it revoked approval of 13 Mexican airline routes into the U.S. this week after Mexico illegally canceled and froze U.S. carrier flights "for three years without consequen...
The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target.Fed p...
EXCLUSIVE: The ongoing government shutdown is having a negative impact on American manufacturers' operations, and dozens of state manufacturing associations are writing to congressional leaders urging...
