Economy

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters renovation, addressing concerns about cost overruns and project details.

J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.

Federal Reserve Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.

Economists highlight the price gap between high-fructose corn syrup and cane sugar, and what it means for consumers if if the ingredients are switched in foods.

The Stonegate Development Project in Chico is put on hold following a ruling in a lawsuit filed by environmental groups, who argued that it would harm species.

New York City's real estate market faces uncertainty as Zohran Mamdani's campaign proposes rent freezes, which an industry expert warns could be catastrophic for the market.

The employee satisfaction score at Dell has fallen to 32 from 63 two years ago, with staff citing layoffs, return-to-office mandates, AI implementation and culture shifts.

White House press secretary Karoline Leavitt said Canada has been "pretty difficult to deal with" with respect to negotiating a trade deal with the Trump administration.

The construction industry needs to attract 439,000 new workers in 2025 and 499,000 in 2026 as Mike Rowe warns of implications from the skilled labor shortage.

An excerpt from "Trillion Dollar Triage" details Fed Chair Jerome Powell’s measured public responses – and more candid private reactions – to Trump’s ongoing threats to fire him.

Two of President Donald Trump's contenders to succeed Federal Reserve Chair Jerome Powell are increasing their alignment with the president in hopes to secure the nomination.

Pharmaceutical giants introduce an insurance-free pathway for top anticoagulant Eliquis, following similar direct-to-patient models from Eli Lilly and Novo Nordisk.

International investors are capitalizing on weak U.S. housing demand, with over half making cash purchases to avoid high mortgage rates sidelining American buyers.

The One Big Beautiful Bill Act, recently signed into law by President Donald Trump, contains some measures that could help American homeowners.

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.

Secretary Chavez-DeRemer clarifies that the H-2A visa program changes are not an expansion or amnesty program but aim to streamline existing processes for farmers and ranchers.

Raphael Bostic remains focused on economic data despite Trump's criticism of Powell, noting that businesses in the southeast are experiencing real price pressures from tariffs.

President Trump reportedly plans to sign an executive order that allows private equity, venture capital and hedge funds in retirement accounts, reversing a Biden administration policy.