Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
"We're talking about a tariff of 10% on China based on the fact that they're sending fentanyl to Mexico and Canada," Trump said.
The hottest housing market of 2025 has strong job growth and a limited housing supply.
President Donald Trump's cryptocurrency, $TRUMP, has surged in market value since its Friday launch while raising ethical concerns.
The Solana-based meme coin project, Magaverse, has donated $1,000,000 to organizations approved by president Donald Trump.
Retail and food services sales for December 2024 continued to grow, proving that despite an inflationary economy, Americans are still shopping.
Wall Street surged Wednesday in response to a second positive inflation report in as many days, sending the Dow Jones Industrial Average soaring more than 700 points and the S&P 500 to its its best day since November.
Gas prices saw a notable increase in December 2024, with the gasoline index rising 4.4%.
An astonishing 33% of U.S. households lack enough savings to cover a single month of expenses if faced with job or other income loss.
Investors who gamble on interest-rate futures are now giving nearly even odds there will be two cuts in 2025.
The December Consumer Price Index report came in nearly as expected by many analysts.
The Producer Price Index showed an overall gain of 0.2 percent in the final month of 2024.
A new survey ranks the best places to retire in the U.S., and New Jersey sits at the bottom of the list.
The stock markets face several headwinds including inflation leading to a pause in rate cuts.
She also warned that the strong US dollar could lead to higher funding costs for emerging market economies.
Rising menu prices and the constant prompt for gratuities on digital registers are taking their toll on customers' generosity
Household spending was up 2.2% in December versus the prior year.
A US jobs report released Friday was hotter than expected.
The slowdown in labor market is due to the post-pandemic recovery, job growth in a few industries, high interest rates, tech advances, and uncertainty about the economy, global events, President-elect Donald Trump's potential policies.
Mohammed discerns two of the most common types of businesses entering Saudi Arabia: those invited by the government and smaller investors looking to join the market.
Christopher Waller says that inflation is slowing to the target that Fed officials seek.
Mortgage applications are dropping as rates remain elevated. Here's what's going on.
The rates are a big influence on mortgage interest rates, which impact the housing market.
Biden and President-elect Donald Trump have both previously slammed the potential takeover.
Credit card debt in the United States has surged to its highest level since 2010 causing experts to forecast more financial pain ahead.
Treasury Secretary Janet Yellen warned congressional leaders Friday that "extraordinary measures" will soon be required to prevent breaching the debt ceiling.
The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts.
The Dow Jones Industrial Average broke a half-century record for futility on Wednesday, suffering losses for the 10th consecutive session on the heels of the Federal Reserve's 0.25% interest rate cut.
"The economy is strong overall," Chairman Jerome Powell said.
The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead.