U.S. Economy

Danish and Greenlandic officials have rejected the proposal, despite the President-elect's proclamations.

The average rate for a 30-year mortgage hit a six-month high last week, but homebuyers still have options for securing a lower rate.

The CFPB sues Experian for "sham investigations," alleging violations of FCRA and CFPA. Demands reforms and penalties.

November's figures mark the highest levels recorded since February 2024.

President-elect Donald Trump has already announced significant changes that could affect inflation.

As a January 15 deadline looms to reach a deal, U.S. dockworkers are threatening a massive strike.

Egg prices are rising across the U.S. as producers recover from the flock losses suffered in the past two years amid bird flu.

Last year saw a slew of layoffs made across numerous industries. Will 2025 be the same?

The S&P 500 rose by 1 percent, potentially ending a five-day losing streak by posting its first gain since Christmas Eve.

Biden is set to announce that he'll block the takeover of U.S. Steel by Japan's Nippon Steel, thereby fulfilling one of Trump's pre-election promises.

The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday.

Despite the positive news, certain industries, such as hospitality and construction, continue to experience labor shortages.

Drivers in several U.S. states could face higher rates as a result of a new law increasing minimum coverage requirements.

Despite some December losses that have pared back the year's gains, Wall Street has had a record-breaking year.

Some people in the United States fear Donald Trump's economic agenda could see the economy fall into recession.

The retail company struck a rescue deal to save hundreds of stores, preserving thousands of jobs after filing for Chapter 11 bankruptcy.

Retail sales from the beginning of November through Christmas Eve rose 3.8 percent, according to new data released Thursday.

Jobless claim applications dipped by 1,000 to 219,000 for the week ending December 21, government data shows.

This seasonal rally, often referred to as the "Santa rally," has historically delivered average gains of 1.3 percent over final days of trading.

The Conference Board's consumer confidence index dropped to 104.7 this month, down from 112.8 in November.

President-elect Donald Trump has named Miran, a former adviser in his first administration, to chair the Council of Economic Advisers.

The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks.

Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.

The U.S. imports over 50 percent of its crude oil from Canada––up from 33 percent in 2013.

Consumer spending increased by 3.7 percent from July through September——the fastest pace since early 2023.

Jobless claim applications declined by 22,000 to 220,000 for the week of Dec. 14, according to the Labor Department.

President-elect Donald Trump suggested Thursday that Congress should eliminate the debt ceiling altogether.

The Dow Jones dropped 1,123 points (or 2.6 percent) by the close of the market Wednesday.

The Fed expects fewer reductions next year.

Persistent inflation and robust economic growth are said to be influencing the Fed's cautious approach.