Trump will face at least three economic challenges during 2025: a possible resurgence of inflation, surprisingly high interest rates, and a gigantic national debt that’s finally starting to vex ...
On a high note, the U.S. job market ended 2024, adding 256,000 jobs in December and pushing the unemployment rate down to 4.1 ...
Retail sales in the United States edged higher in December, signaling that consumers remain willing and able to spend despite ...
After decades of dreaming of the White House, for Joe Biden, the reality of his term in office must feel extremely ...
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop.
US benchmark equity indexes closed lower Thursday as traders analyzed the latest batch of economic data and corporate earnings. The Nasdaq Composite fell 0.9% to 19,338.3, while the Dow Jones ...
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong ...
President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by ...
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but ...