U.S. Economy

The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion.

The layoffs will primarily affect U.S.-based, white collar workers.

The U.S. Commerce Department says consumers boosted their spending last month, signaling continued growth in the nation's economy.

Donald Trump's return to office brings renewed questions on whether his administration could seek to curtail the Fed's autonomy.

"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.

Investor preferences seem to have shifted from gold to equities amid confidence in the President-elect's economic policies.

Asian markets, including Japan's Nikkei 225 and Hong Kong's Hang Seng, saw declines due to the strength of the dollar.

Bitcoin surged to a new record on Wednesday, reaching over $90,000, as the cryptocurrency market reacted positively to Trump's deregulation promise.

October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.

The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.

The President-elect has promised to deport millions of undocumented migrants which could end up creating severe labor shortages.

After Donald Trump won the presidential election, Senator Bernie Sanders explained on Sunday what Trump did that worked with voters.

According to exit poll data, the Democrats are now the preferred party of higher-income, college-educated voters.

Sanders praised Harris for her messaging on some issues but said the campaign fell short on economic plans for the working class.

While California has a large proportion of the richest billionaires, it has a median household income of $91,551.

U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the day.

The Labor Department reported jobless claim applications rose by 3,000 to 221,000; fewer than the 227,000 analysts forecast.

Trump's campaign embraced cryptocurrencies, pledging to make the U.S. the "crypto capital of the planet."

The dollar surged against the Mexican peso and the Chinese yuan, two key trading partners. It's also up against the yen and the euro.

U.S. stock futures indicate slight gains as investors anticipate the outcome of the presidential election.

Most of the best cities for a middle-class family of four to live in are in the Southwest, South and Midwest, according to a recent study.

Investors on Wall Street are bracing for a tense week.

Harris and Trump have very different views on the economy, and the stock market could look very different under each presidency.

The final jobs report before Election Day delivered little to no surprises, as the economy seems to have avoided the impact of Hurricanes Helene and Milton.

Hurricanes and strikes blamed for slowdown in employment figures.

Mortgage buyer Freddie Mac said Thursday that the 30-year mortgage rate climbed to 6.72 percent from 6.54 percent last week.

Friday's report is expected to feature some of the most skewed monthly employment numbers seen in years.

The new data arrives weeks after the Federal Reserve cut its benchmark interest rate half a percentage point.

Donald Trump's economic proposals would propel the U.S. economy toward growth, according to two of the former president's advisers.

The 30-year fixed mortgage rate hit the 7% mark on Monday, the highest level since the start of the summer, as the election looms.