Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.Bessent...
A number of retailers are working to reduce their exposure to China as President Donald Trump's trade war with the second-largest economy rages on.In recent earnings reports, executives have indicated...
President Donald Trump on Sunday said if the courts rule against the administration's sweeping tariffs, it would mean the "economic ruination" of the country.The post comes after the U.S. Court of Int...
The price of eggs has dropped just over 61% since President Donald Trump took office in January, after spiking to an all-time high in March. The most recent data from the U.S. Department of Agricultur...
Pakistani officials will be visiting the U.S. next week in an effort to reach a deal to lower tariffs imposed against the Asian country, President Donald Trump said on Friday.Pakistan faces a potentia...
The Federal Reserve's preferred inflation gauge showed that price growth eased slightly in April, trending closer to the central bank's target as economists warn the impact of tariffs could push infla...
Houston-based Chevron Corp. (NYSE: CVX) says it is laying more than 200 employees in Texas as it is preparing to cut up to 20% of its global workforce by the end of the end of 2026.Chevron informed th...
Houston-based Chevron Corp. (NYSE: CVX) says it is laying off more than 200 employees in Texas as it is preparing to cut up to 20% of its global workforce by the end of the end of 2026.Chevron informe...
Mortgage rates increased for the third straight week and continue to hover near the 7% level, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thu...
Federal Reserve Chair Jerome Powell on Thursday met with President Donald Trump at the White House for the first time in the president's second term."At the President's invitation, Chair Powell met wi...
The number of Americans filing new applications for unemployment benefits increased more than expected last week, while the jobless rate appeared to have picked up in May as labor market conditions co...
