Soybean farmers across the Midwest are bracing for another difficult year as trade tensions with China cut off their largest export market and rising costs drive profits below break-even.Fourth-genera...
Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and inflatio...
Some major airports across the U.S. are refusing to play a video featuring Homeland Security Secretary Kristi Noem blaming Democrats for the government shutdown that has prompted significant flight de...
Despite the continuing government shutdown, taxpayers who requested an extension earlier this year from the IRS to file their return still have to meet the cutoff date. Taxpayers who needed more time ...
President Donald Trump moved to calm fears of an escalating trade war with Beijing on Sunday after he threatened to impose 100% tariffs on China’s imports in response to the nation's export curbs on r...
U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation persisted as the government shutdown began.The University of Michigan's preliminary cons...
The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody's Analytics Chief Economist Mark Zandi.Zandi's analysis found...
UPS may begin "disposing of" imported packages if parcels cannot clear U.S. customs regulations, the shipping giant told FOX Business on Friday.The company said rapidly shifting import rules and docum...
A popular tax break for workers nearing retirement age to make extra catch-up contributions is changing next year, which will limit access to some high earners.The IRS issued new regulations last mont...
The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 tr...
Silver surpassed $50 an ounce for the first time on Thursday amid a supply shortage and an economic environment that bolsters precious metals.Spot silver briefly rose above $51 an ounce during Thursda...
The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA).The IRS' announ...