President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous deman...
A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved by the Senate as a standalone measure, though it carries a significant...
Fast-food employees are continuing to afford necessities as prices remain elevated. To afford fast-food meals at the places they work, it requires more than double the number of hours of the average w...
Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the avera...
Federal Reserve Governor Christopher Waller said Thursday that the financial markets have reacted to projected deficits under congressional Republicans' tax cut package by demanding higher interest ra...
Walmart – the nation's largest private employer – is cutting more than 1,000 corporate jobs as the company tries to lower its expenses and streamline decision-making as pressure from tariffs mounts. W...
A new survey finds that American homebuyers are anticipating that a recession will occur by early next year, with some buyers suggesting that could make them more likely to buy a home.The survey by Re...
Klarna, a significant player in the buy now, pay later (BNPL) space, has faced losses in recent months as consumers failed to make payments on their loans. While Klarna's user base continued to grow i...
A new report by Goldman Sachs finds that while House Republicans' tax cut package that's moving through the reconciliation process cuts taxes by more than previously thought, it's still not enough to ...
JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that are raising costs for borrowers buying a home that he says are unnecessary.Dimon was speaking at JPMo...
The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays.In March, Reuters reported that President Donald Trump’s Department of Justice (DOJ) was ...
Moody's Ratings on Friday announced a downgrade of the U.S. government's credit rating, moving it down a notch from the ratings agency's top tier amid concerns about the rising national debt, which co...
